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Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (319)2/7/2002 1:39:47 PM
From: kirby49  Respond to of 1590
 
Well it took a month for it to go up and down, hard to hang on, but that Dec 31 entry was terrible. If it goes down to 32 where I think it should stop, I will have about the same gain as you with K. Of course by that time you might be a long way ahead again.<G> Maybe when you do sell, you should just sit it in cash until Nov or Dec. Of course it will depend on how well Marcos does with his new pick. No offence, but since I own SWG and not K, in the ST I have to pull for his pick.

Regards

Bob



To: Davy Crockett who wrote (319)2/12/2002 12:17:57 PM
From: Al Collard  Read Replies (1) | Respond to of 1590
 
K-t...in the news:

Kinross Gold raises $31.05-million

Tue 12 Feb 2002

Mr. Robert Buchan reports

KINROSS GOLD CORPORATION
Kinross Gold has completed the sale of 20 million common shares to a
syndicate of underwriters comprising CIBC World Markets Inc., RBC Dominion
Securities Inc., Scotia Capital Inc. and Canaccord Capital Corporation. The
exercise by the underwriters of the option to purchase an additional three
million common shares resulted in the total sale of 23 million common
shares for gross proceeds of $31.05-million. The net proceeds of this
offering will be used for the proposed acquisition of $3.75 Series B
convertible preferred shares of Kinam Gold Inc. by way of tender offer, if
such offer is made, and to the extent the net proceeds are not required for
such purpose, for general corporate purposes.