Kinross Gold Up 22% in Less Than 22 Days Since Our BUY Signal
Friday, July 20, 2007 at 05:01AM
Gold Prices in Gold Mining Companies
We signalled to our readers that they should “Add to Holdings” 22 days ago when Kinross was at $11.66 – a very discounted level in our opinion.

Kinross Gold Up 22% Less Than 22 Days Since Our BUY

It has not been 22 days since our BUY signal and Kinross is up 22%, a great gain in such a short time period.

Kinross is one of our favourite gold stocks and when it puts in performances like this, you cannot blame us for liking KGC so much.

Kinross Gold trades as KGC on the NYSE and as K on the TSX.

Kinross closed yesterday at $14.22, showing a gain of 41% in our gold prices portfolio of gold stocks.

Technically speaking, Kinross is looking a bit spiky at the moment, so it might be a good idea to take some money off the table. The RSI is approaching the bearish zone and perhaps Kinross is going to take a step back before moving higher.

However we are going to continue to hold Kinross and we are keeping it as a BUY in our gold prices portfolio.
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