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« Silverado Gold Mines: Getting closer to the Mother Lode? | Main | Agnico-Eagle Mines Limited: Great results »
Monday
Oct302006

KINROSS GOLD CORP (KGC: NYSE)

Some analysts want to avoid this stock! Not us we have to say, we are still big supporters of Kinross and intend to stay with them.

Look at the chart and we can see that they are doing very well indeed.

kgc28oct06

They don’t hedge and must be in the sights of the bigger guns as a prime takeover target. The gold explorers are not making mega gold discoveries, so if a company wants to add more gold it has to go exploring on Bay Street.

Hold and accumulate when we can, that’s us.

30 October 2006

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Reader Comments (1)

this is a very solid stock and the share price always benfits from any increases in gold prices. I think Kinross could easily be $20 in early 2007.

November 1, 2006 | Unregistered CommenterSam

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