Kinross Gold Corp (KGC)

[2014shelby]

Looking forward to a rebound and PPS back above $5

[ernie44]

its ok kinross has a backup in brazil

in the state of Minas Gerais. Paracatu is where the largest gold mine in Brazil, named Morro do Ouro, is located.
like that name = moro da oro

[apple1732]

Kinross Gold Corp. (TSX: K; NYSE: KGC) has suspended operations at its Maricunga gold mine in Chile, laying off 300 workers, earlier than planned after a judicial decision supported a ruling by environmental authorities to reduce water pumping.

[FreezeThese]

[TREND1]

KGC H D W M

[TREND1]

Dividend = 0.00

[TREND1]

Inst % Owned = 75%

[TREND1]

EPS = -86

[2014shelby]

Yep. And KGC may also pay out a dividend on top of that growth in equity.

[juda]

IMHO, if gold hits 1,600, I see the stock @ $15.50.

[2014shelby]

Where do U think KGC PPS is headed?

[JohnCM]

My favorite at the moment.

[JohnCM]

Did this say on Feb 15th "bet against gold prices"?

[JohnCM]

Number one laggard stock?

[Fibanotch]

its a beautiful thing...

[juda]

The EU move by the UK has something to do with the price move, this is a flight to safety, this may continue for a while until we see what this move by the UK may have in the long run. Let the price of gold may continue to run up, would love to see gold @ 1500 ** to 1600. This is wishful thinking price stock could hit $10 or $11.

JMHO

[2014shelby]

KGC may be making a major move up today

[sameera]

Pigs get fat, hogs get slaughtered
SRGE investors send regards

[Popeye]

Weakening gold prices, credit downgrade and pending miners strike is tanking KGC pps. There's a beautiful entry point coming but not sure at what price yet. May test breaking into $4's before rebounding. Watching very closely for a solid run back up.

[Yin Yang]

Kinross Joins Mining Junk Pile After Anglo American Downgrade!!!

Kinross Gold Corp. became the latest miner to have its credit rating cut to junk after Standard & Poor’s on Thursday lowered its rating to BB+ from BBB-. The agency earlier the same day placed Anglo American Plc below investment grade, following similar cuts by Moody’s Investors Service and Fitch Ratings this week. Freeport-McMoRan Inc. was cut to junk by S&P last week, less than a month after Moody’s did the same.

While mining shares are benefiting from gains this year, they’re recovering from multi-year lows. Even though metals prices have rebounded, they’re still trading close to their cost of production, eroding profit margins. As companies struggle to stem global gluts by curtailing output, some are also selling assets to generate cash and pay down debt. By contrast, Kinross in November said it would spend $610 million to buy assets in Nevada from Barrick Gold Corp., joining rival Newmont Mining Corp. in a bid to ramp up output as its method of combating falling metal prices.

The stable outlook on Kinross reflects our view that the company will maintain an intermediate financial risk profile over the next 12 months,” the ratings agency said in a statement. “We expect the company’s competitive position to remain weaker than its investment-grade peers over the next two years, which primarily reflects Kinross’ comparatively higher cost structure.”

Kinross shares climbed 8.1 percent in Toronto on Thursday to C$4.15, as other bullion producers climbed. The shares are up 20 percent over the past year.

“We believe Kinross is in a strong financial position, and note that we have met our cost guidance for the past four years,” Louie Diaz, a Kinross spokesman, said in an e-mail. “In 2015, we achieved the lowest cost of sales since 2011 and we expect to lower our all-in sustaining cost in 2016. We have also made prudent cost assumptions for FX and oil and expect to benefit should current levels remain or weaken further.” The operations acquired in Nevada will also help to increase cash flow, he said.

S&P also cited Kinross operations in Russia as a reason for the downgrade. The company is “highly reliant” on production from mines in the country, “which contribute to operating risk exposure that we no longer consider commensurate with a ’BBB-’ rating,” the agency said.

Goldman Sachs Group Inc. last week said that the recent rebound for mining shares wasn’t justified. Commodity analysts at the bank said they expect copper and aluminum prices will fall more than 10 percent by year’s end amid weakness in Chinese demand. Analysts including Jeffrey Currie and Max Layton on Feb. 15 said it’s time to bet against gold prices. The Bloomberg Commodity Index, which measures returns for 22 components, has slumped 27 percent over the past year and in January reached a record low.

http://www.bloomberg.com/news/articles/2016-02-18/kinross-gold-cut-to-junk-by-s-p-outlook-seen-as-stable

[Yin Yang]

Southridge Issues Clarification of Kinross Agreements  

DALLAS, Dec. 28, 2012 -- Southridge Enterprises Inc. (SRGE) ("Southridge" or the "Company") is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.  
“While we are very disappointed that Kinross seems to be hedging their position, Southridge can verify any and all agreements and attributed quotations from the Dec. 26th news. “, said Michael Davies the President & CEO of Southridge Enterprises. The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.”  

“We can only speculate as to the motives of Kinross, but it may be related to the fact that they do not want competitors or the market to know of their strategic positioning in Jalisco, Mexico. Perhaps they are looking to secure their position in the region, and do not want to invite a rush of competitors.”  

The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release. Southridge will be consulting with its legal counsel to pursue this matter through litigation and seek any damages incurred.  

http://www.southridgeminerals.com/newsdec28.htm ; ;

[juda]

If this was a done deal, where is the law suit?

JMHO

[Yin Yang]

Signed agreement between SRGE Southridge Enterprises and Kinross back in December 2012


Kinross denied signing an agreement with SRGE in their press release on December 27th 2012. The subsidiary of Kinross in Mexico (Kinross Gold Exploration Mexico KGEM) signed an agreement with SRGE and Kinross blatantly denied having signed an agreement while the agreement was on file with the SEC 2 days before SRGE put out their press release. This agreement was signed with "authority to bind the corporation". Kinross came up with an excuse writing in their press release "To the best of our knowledge we don't have an agreement..". Kinross got SRGE suspended and Kinross got away with it. Half a year later Kinross dissolved KGEM and pulled out of Mexico. There is no chance that any Mexican mining corporation will be doing business with Kinross ever again. Check out Kinross' website. They have no exploration operations going on in Mexico.

[Popeye]

Sub $5 should provide for many day trading opps this week. GLTA

[Yin Yang]

Bull schite OPINION AND NOT FACTS!!!

The events unfolded the way I explained previously. SRGE had the document of file with the SEC explaining in great details the signed agreement between Kinross and SRGE!!!

[rbtree]

Bull schite. SRGE had withdrawn its stock registration years before. It never filed anything with the SEC.

There was good reasons why the SEC instantly stepped in and suspended the scam. to protect future buyers from considering it.

This dead subject is also going on four years dead.....To say that Kinross, a legitimate big board company, lied, is beyond preposterous.

[Popeye]

Looking for nice bounce tomorrow. GLTA

[Yin Yang]

OPINION AND NOT FACTS!

FACTS = THESE SIGNED DOCUMENTS BETWEEN KINROSS AND SRGE WERE OBTAINED FROM SRGE FILINGS TO THE SEC. THAT IS WHERE IT CAME FROM!!!

[Yin Yang]

THAT IS OPINION AND NOT FACTS! SRGE FILED IT WITH THE SEC JUST LIKE THE PRESS RELEASE STATED

[rbtree]

The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012,

That part was a blatant lie, as SRGE never ever filed anything with the SEC.

[Yin Yang]

There was a signed agreement between Kinross and Southridge Enterprises back in December 2012. Kinross lied in my opinion and said there was no agreement. Kinross maybe have said there was no agreement because they were wanting a hostile takeover on Southridge Enterprises. Since Kinross told the SEC no signed agreements with Southridge the SEC wrongly sent (SRGE) Southridge to the grey sheets. But you can clearly observe the two companies signatures!


Southridge Issues Clarification of Kinross Agreements 

DALLAS, Dec. 28, 2012 -- Southridge Enterprises Inc. (SRGE) ("Southridge" or the "Company") is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented. 
“While we are very disappointed that Kinross seems to be hedging their position, Southridge can verify any and all agreements and attributed quotations from the Dec. 26th news. “, said Michael Davies the President & CEO of Southridge Enterprises. The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.” 

“We can only speculate as to the motives of Kinross, but it may be related to the fact that they do not want competitors or the market to know of their strategic positioning in Jalisco, Mexico. Perhaps they are looking to secure their position in the region, and do not want to invite a rush of competitors.” 

The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release. Southridge will be consulting with its legal counsel to pursue this matter through litigation and seek any damages incurred. 

http://www.southridgeminerals.com/newsdec28.htm ;

[stocktrademan]

$KGC recent news/filings

bullish 3.02

$KGC charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$KGC company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/KGC/company-info
Ticker: $KGC

$KGC extra dd links

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/KGC/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/KGC/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=KGC+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=KGC+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=KGC+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/KGC/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/news - http://finance.yahoo.com/q/h?s=KGC+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/KGC/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/KGC/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/KGC/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/KGC/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/KGC/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/KGC/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/KGC/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=KGC+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/KGC

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/KGC/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/KGC
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/KGC/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/KGC/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/KGC/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/KGC/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/KGC/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=KGC&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=KGC
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=KGC+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=KGC+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=KGC
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=KGC
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=KGC+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/KGC/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=KGC+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/KGC.KGC
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=KGC
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/KGC/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/KGC/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/KGC/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/KGC/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/KGC
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/KGC
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/KGC:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=KGC
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=KGC

[JBZ]

Thanks

[2014shelby]

Not sure but I think SRGE said they had a deal w KGC and KGC said they didn't

[JBZ]

What happened between SRGE and this Company end of 2012??? TIA

[2014shelby]

Maybe KGC can finally get out if the $3's

[2014shelby]

I don't think that recent offering of KGC shares helped the PPS. Mgt needs to think about doing that again at a major discount and an option for more on top of that too.

[OTCdoc]

Only up 13 points and now heading under $3 with Gold at $1265 and other gold stocks near days high, what's up ?

[OTCdoc]

The impact held this buck under $3 until today. That's about the extent of any impact going forward...Tomarrow that offering closes or I should say at EOD here...then KGC will get back up to where it should be and that is well above $3.30....its still cheap but won't be for long.

[2014shelby]

Good. I think the news that came out today on gold which included KGC helped. What about any future impact of the 83M+ share offering on the PPS?

[OTCdoc]

$$$$ KGC starting to move up. will get back too her previouse HIGHS in short order .. Get in now $$$$$

[OTCdoc]

Don't get why any one is buying this above 2.95 ? Its not going past 3 any time soon...and at any given moment if they let go of thier New shares,,this baby could fly past 2.60 in a hurry...

[2014shelby]

Agreed. Terrible timing by KGC mgt. Not sure of real need to handle things this way. Volume was up and the PPS was rising

[OTCdoc]

This normally would be over $3.10 easy right now with Gold in the high $3.30's.....this can't even get to $3 now....Share offering at / for $3 will hold this back for days.

[OTCdoc]

And goes too March 4......pre market is only a indicator of direction ' much fewer shares are traded AH or Pre Market....wonder if it goes any lower after open than what pre market is showing?

[2014shelby]

Good call. Especially with this news:

• Kinross Gold (NYSE:KGC) -5.8% AH after announcing a bought-deal public offering of 83.4M common shares priced at $3.00/share, with an underwriters option to purchase up to an additional 15% of the offering.
• KGC says it plans to use the proceeds to strengthen its balance sheet and long-term liquidity position to repay credit facilities that were utilized to purchase assets from Barrick Gold.

[OTCdoc]

Going. back too $3.00

[2014shelby]

Yep. Would be nice to see a slow steady rise for KGC back over $10+

[OTCdoc]

Indeed ! It hung around $1200 for a spell...I really thought it would go much lower than $1200 after it went side ways there for days but nope....It spiked up instead (today 2/18)...wondering what the reason was ? We also broke resistance today I believe as it was at $3.07 if I'm not mistaken.....even if it hangs in the price range it was at closing today $1230's or even in the $1220's by tomarrow open, KGC will test $3.15 again....this trade does have a tendency to open a handful of TICKS lower at open before going up.

[2014shelby]

Looks like KGC making major move up