SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Kinross Gold -- Ignore unavailable to you. Want to Upgrade?


To: Ron Struthers who wrote (254)11/13/1998 6:21:00 PM
From: HiStakes  Read Replies (1) | Respond to of 530
 
Did everyone see the article in the National Post today?

Check the FP Investing section titled "Rush to safety as temperatures in the Gulf Soar", by Ian Karleff. It talks about gold, fresh buying and short covering and a pending good fourth quarter because of Christmas gold shopping. But the interesting part is at the very end. It said that gold stocks that would benefit from a sustained bullion recovery include companies that have already funded development programs, have rising production and reserves and low cash costs - then they listed mid-caps like Meridian, Agnico-Eagle, Kinross and Gold Corp as having the best opportunity to double.

Sorry for the paraphrase, I couldn't find an on-line link to the article (and I didn't want to type it all). Sounds like time to stock up.



To: Ron Struthers who wrote (254)11/13/1998 8:16:00 PM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 530
 
Again, that is an historical difference as there was a time that, after the Lac abort, RYO had a decent balance sheet. I'm not arguing for either company I'm just noting the similarity. Management of K has the investment community RYO does not. I wonder what that means?