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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (92602)7/20/2001 9:12:10 AM
From: Roebear  Read Replies (1) | Respond to of 95453
 
fpembleton,
Well, I always say don't argue with a chart. I'd also say the delisting thing may be pressuring the stock:

Kinross say NY Stock Exchange mulls continued listing

6/13/2001 5:00:00 PM

TORONTO, June 13 (Reuters) - Kinross Gold Corp. (K) (KGC) , the fifth-largest gold producer in North America, said on Wednesday the New York Stock Exchange had started a review of whether its shares
and those of its subsidiary Kinam Gold Inc. still met the market's listing requirements.

The Toronto-based miner said the review was due solely to the fact that its common shares have been
trading at less than $1.00 per share and as such Kinross was in contravention of a rule implemented by
the exchange in 1999.

It said it had appealed against an outright delisting, prompting a review. It said its shares would would
continue to trade on the market until a review was completed by a committee of the board of directors of
the market. The completion of the review is expected around early August, Kinross said.

Its shares ended on the New York Stock Exchange up 2.08 percent, or 2 cents, at 98 cents.

REUTERS

Rtr 17:00 06-13-01