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Strategies & Market Trends : Talk to Lola:) -- Ignore unavailable to you. Want to Upgrade?


To: LaFayette555 who wrote (1358)10/12/1999 7:36:00 PM
From: Lola  Read Replies (1) | Respond to of 2010
 
KGC/nyse (K/tse). . . not necessarily . . . it depends on how the market reacts to the news. There's no guarantee it won't go below $4 Cdn . . . it's very close to that now and if the market reacts to this as negative news (which I think it kind of is) we might see Kinross in the high $3's. That's just my opinion but what the hell do I know. They have over 300M shares out so it's hard to tell which way it will go. I think it goes a bit lower but probably not alot lower . . . likely it will see high $3's.

Lola:)
PHNPI

prices above are all in Cdn dollars.

This news guarantees K will not trade below 4 soon.. right ??