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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (20416)9/14/2003 1:19:04 AM
From: The Vet  Read Replies (1) | Respond to of 39344
 
NEM sale of Kinross... It seems that the buyers were a number of Canadian brokerage houses. I am sure they intend to make a profit reselling the stock, but then again if I recall Kinross had a significant underwater short position. This deal may have got them off the hook for a minimal loss, certainly better than they could have hoped trying to cover in the market which has been pretty strong for K...