Kinross Gold Corp (KGC)

[JohnCM]

Good news!

But Kinross is a brutal mining stock to own.

[NYBob]

Kinross acquires mining rights to land adjacent Fort Knox mine, adds more than 2 million ounces to mineral resource estimates
December 12, 2017
Download News Release(PDF 430 KB)
TORONTO, ON -- (Marketwired) -- 12/12/17 --

Kinross Gold Corporation (TSX: K)(NYSE: KGC) is pleased to announce
that it has gained mineral rights to a 287-hectare (709-acre) parcel of
land known as Gilmore located immediately west of its Fort Knox mine in
Alaska.
As a result, Kinross added 2.1 million gold ounces in estimated
measured and indicated resources and 300 koz in estimated inferred
resources at Fort Knox.

http://www.kinross.com/news-and-investors/news-releases/press-release-details/2017/Kinross-acquires-mining-rights-to-land-adjacent-Fort-Knox-mine-adds-more-than-2-million-ounces-to-mineral-resource-estimates/default.aspx

Kinross began an initial drilling program on Gilmore land, and Fort Knox land adjacent to Gilmore, in 2014. The Company targeted promising opportunities in the existing Fort Knox orebody, which continues west, and completed approximately 73,000 metres of core and reverse-circulation drilling in 205 holes.

The results of the drilling program, engineering work and the acquisition of the mineral rights resulted in the update of the Fort Knox mineral reserve and resource estimates, including additions to measured and indicated resource estimates and inferred resource estimates1.
The Company also converted approximately 260 koz of mineral resources, which was mainly from the East wall of the Fort Knox pit, to proven and probable reserves.
The conversion offset some of the reserve depletion in 2017 and resulted in an increase to Fort Knox's estimated mine life by approximately one year.

Kinross has commenced a Gilmore feasibility study that will analyze a layback of the current Fort Knox pit to access known mineralization on Fort Knox and Gilmore land to potentially extend mine life.
Further drilling and engineering are planned at Gilmore to evaluate the potential of upgrading a significant portion of the site's estimated measured and indicated resources and adding to its inferred mineral resource estimate.
The Company expects to provide an update on the feasibility study in mid-2018. The Company also expects to initiate the permitting process for mining at Gilmore by year end.

"Gilmore is a promising organic development opportunity that can potentially extend mine life at our Fort Knox mine in Alaska, one of our top producing and high performing operations," said J. Paul Rollinson, Kinross Gold President and CEO. "With the Gilmore project, we continue to deliver on our strategy of pursuing low-risk, high-potential brownfield projects that can contribute to the long-term future growth of our Company."

The Gilmore land was conveyed to the State of Alaska by the United States on December 11, 2017. Upon the conveyance, the Company's state mining claims at Gilmore came into effect.
The conveyance resulted from the close cooperation and support of the U.S. National Oceanic and Atmospheric Administration, the U.S. Department of the Interior, the State of Alaska and the Alaska Congressional Delegation.

http://www.kinross.com/news-and-investors/news-releases/press-release-details/2017/Kinross-acquires-mining-rights-to-land-adjacent-Fort-Knox-mine-adds-more-than-2-million-ounces-to-mineral-resource-estimates/default.aspx

Its sounds like the old haarp facility weather machines are
situated on the land claims but the old 666 haarp is not in active use -
newer more modern state of art facilities have been built and
activated around the world -
Trump closed it as promised -

https://www.alaskapublic.org/2017/02/21/haarp-schedules-first-experiments-since-uaf-takeover/

http://www.kinross.com

http://www.kinross.com/news-and-investors/default.aspx

In GOD We Trust -






http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

- God Bless

[joe_techi]

How low will this go? Next support around 3.68, then 3.40 and then 2.86.

[goldenpolarbear]

http://www.b-tv.com/kerr-mines-commercial-15sec/

Might Kinross create a joint-venture with Kerr Mines or simply acquire the Copperstone Gold mine?

Simply forging ahead,
GPB

P $ Cheers, Popeye...

[goldenpolarbear]

PopEye, if Kinross ever shows interest in a joint venture via the Kerr Mines' McGarry golden property in Ontario?
https://www.timminstoday.com/local-news/northeastern-ontario-mining-company-looks-to-arizona-for-future-gold-4-photos-687039
Quote: "...KERR MINES MOBILIZES MINE DEVELOPMENT CONTRACTOR AT COPPERSTONE MINE
TORONTO, Aug. 21, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce that it has initiated the first phase of the underground drill access mine development for the 2017 Copperstone Mine exploration/development program and pre-feasibility study. Approximately 1,200 feet of new exploration drift is planned to be completed in the first phase. This drift will provide first-time underground drill access to facilitate further definition of the parallel Footwall Zone and to enhance the existing resource in the Copperstone Zone.

The new underground drift will be accessed from existing workings and will extend mine access drifting by approximately 1,200 feet to the Southeast, along the strike of the Copperstone Zone. This access is placed between the Copperstone Zone and the parallel Footwall Zone, giving exploration and development drilling access to both zones. The drift is strategically placed in the footwall of the Copperstone Zone, to provide access for potential future mining.

The objective of the exploration drilling is to continue to build from prior successful drilling results in the Footwall Zone which has indicated similar attitude, rock type, alteration, width and grade as is seen the Copperstone Zone. It is also designed to increase the resource confidence level of the Copperstone Zone along strike and increase its down dip extension.

"DMC Mining Services , our mine development contractor, has done an excellent job of preparing for this work. All of their equipment has arrived at the Copperstone Mine site and they will be commencing mining by the end of the week. The access to drilling that the drift will provide is an investment in the current 2017 Copperstone exploration and resource enhancement program, and is an investment in the future development of this former producing mine. The 2017 Copperstone exploration and development program is the cornerstone of the forthcoming pre-feasibility study and is a key component to the strategy of advancing the Copperstone Mine project towards a production decision, " said Martin Kostuik, President Kerr Mines.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in NI 43-101 and reviewed and approved by Michael R. Smith, Registered Geologist, a "Qualified Person" as defined by NI 43-101 for this project.

About Kerr Mines Inc.
Kerr Mines is a North American gold development and exploration company currently advancing the fully permitted past-producing Copperstone Mine project. Copperstone is a high-grade gold project located along the Walker Lane mineral belt in mining-friendly Arizona. The project demonstrates significant upside exploration potential within 12,000 acre a land package which includes a production history of over 500,000 ounces of gold. The Company's current focus is on maximizing Copperstone's potential by defining and expanding current resources and strengthening the mine's economics leading to a production decision.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Kerr Mines' business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Kerr Mines assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release and no stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
SOURCE Kerr Mines Inc.



http://kerrmines.com/release/?id=122658

https://www.onvista.de/aktien/KERR-MINES-INC-Aktie-CA4924052042

AKTIENKURS KERR MINES INC IN EUR

Frankfurt
Toronto
weitere
Kurs 0,1380 EUR +0,0010 EUR +0,73%
Kurszeit 21.08.2017 14:17:13
Eröffnung / Vortag 0,1370 / 0,1370

Volumen (Stück) 1.458
Marktkapitalisierung (EUR) 32,25 Mio.
Tageshoch / Tagestief 0,1380 / 0,1370

52 Wochen Hoch 0,1780 (20.06.2017)
52 Wochen Tief 0,0550 (01.12.2016)
52 Wochen Performance
http://www.finanzen.net/aktien/Kerr_Mines_2-Aktie

http://www.newswire.ca/news-releases/kerr-mines-mobilizes-mine-development-contractor-at-copperstone-mine-641321823.html

[stocktrademan]

good luck these are just initial price targets not when the chart decides to reverse and go the other way...sort of like how a story unfolds...

On the weekly chart a forming cup and handle pattern says that long term maybe at least a year or two away $10.50 price levels can be possible.

[2014shelby]

Ya. Thanks. Looking for $10 but may take >$5.5 for some

[stocktrademan]

How about now? KGC gonna make a steady move back up over $5 especially if interest rates stay stable?

Looks good, I saw that there was hidden bullish divergence that says the price should be around $5.05 on 8/16/17. Additionally the chart has made a long term inverted head and shoudlers bottom pattern that says a price target at $5.40 also exists now.

The head and shoulders pattern is known as one of the most reliable and profitable, and it's worth to keep an eye out for it flipping through charts. The height of the pattern suggests where the price will go later.

For more information about head and shoulders and hidden divergence concepts just type them into a search engine to learn more.

There are also concepts of the measured move and the bull flag breakout that confirm the drawing lines. See if you can find them on your own and feel free to ask any questions.

[2014shelby]

How about now? KGC gonna make a steady move back up over $5 especially if interest rates stay stable?

[stocktrademan]

KGC buy option 4.25

buy 16 JUN 17 4.5 call for 0.13
breakout over resistance
macd crossup above 0
ascending triangle breakout
price going above ichimoku cloud
inverted head and shoulders bottom









normal chart




log chart

[2014shelby]

Good earnings report. Some raised guidance to outperform

[juda]

Gold is down for past week, why is the stock up? Is it a dead cat bounce?

[Popeye]

Nice breakout

[2014shelby]

Good. Holding for double digits as well and maybe a divy too

[Popeye]

Sweet move!!! I rearranged on Friday due to Syria and now 70% gold miners and 30% biotech!

Hedge master for the upcoming pop of the bubble and world tensions will be the be the catalyst.

Good luck to all us gold miners! We shall strike the motherlode!

[juda]

Popoeye, holding strong with 15K shares, IMHO, I see this going to 11 or 12 , just keep your eye on the US dollor!

LONG & STRONG

[Popeye]

Shocked at today's action but holding bigleee!

[2014shelby]

Good. Looking forward to a return to a double digit PPS here at KGC

[juda]

Go KGC IMHO, I see stock hitting 6.00, by JUNE!

[Popeye]

http://seekingalpha.com/article/4056457-kinross-will-show-20-percent-growth-2017

[radar72]

Yep, it is going to be volatile, but I can see this at somewhere between $5-$6 later this year. We shall see!

[juda]

rader72, we hit the nail on the head, I see KGC going higher, ($7.00)

Good luck

[radar72]

I hope so! Still holding all mine. It is a very solid company.

[2014shelby]

KGC making a move. Hopefully back above $5+ for good

[radar72]

Agreed. I'm holding about 10k shares of KGC now and sleep easily at night with it. It is one of the best in the sector and very oversold at the moment.

[juda]

radar72, still holding my 15K , IMHO, when the federal reserve raises interest rates I feel the price of gold will move much higher.

[radar72]

Looking good today! Still holding mine. Got some ground to make up admittedly...

[radar72]

Still on the death spiral here but not for much longer. Completely nuts.

[radar72]

One solid month of selling ends tomorrow. This should be the bottom right here. Just my opinion of course. Holding mine.

[parrot head]

Agree with you, but I have no idea when this trend will reverse. Hopefully this month.

[Popeye]

Gold miners are exhausted. I believe we now have loading range. 21,000 Dow bubble will pop soon skyrocketing miner stocks! Best hedge ever! GLTA

[CCmoomba]

I'd like to know the same thing! Gold is up and the stock went down. Everyone was so high on this stock as it went to $4.20 last month now it's in the dumper.

[juda]

Gold is way up, why is the stock price down? Is the company going broke?

[juda]

2014shelby, there was an error in posting pre-market opening price, it showed opening of 5.06 up 1.14. Thats alright, we will still make a lot of money.

Have a great day

[juda]

Look at the pre-market!

Thank you JUSUS!

[2014shelby]

I want $5+

[Popeye]

There's $4

[radar72]

Gettin' ready to pop. $4 soon.

[radar72]

$4 soon, then $40 as the world burns! Go gold.

[radar72]

Good action here today! Still holding mine. Trump could be very good for gold.

[radar72]

Yep, still holding mine and just ignoring it. It will go up to $5 eventually.

[2014shelby]

If the market gets shaky gold could make a nice move upwards. Good idea to have a few shares as a hedge

[radar72]

Just bought some. The other night I had a random dream that gold went up a lot and KGC skyrocketed! Why not...

[Popeye]

$3 entry.

[stocktrademan]

KGC bearish 3.17

ichimoku scan

[LGL8054]

Oct 07, 2016 12:51 NY Time
Bid/Ask 1253.60 / 1254.60

http://www.kitco.com/news/2016-10-07/Gold-Falls-Below-Key-Support-Again-What-s-Next.html

[GoldnBoy]

In early morning trading Gold was breaking down through it's wedge and so was the Euro breaking down and US$ breaking to the upside. These trends were continuing in early morning, until noon when the U$ reversed and gave back all it's gains, The Euro reversed and is actually higher, the only thing not reversing is Gold and probably points to a buying opportunity.

But interesting -

Bonds were higher in early trading but reversed and plunged by 10AM. there is something unusual today. By Noon bonds have plunged further!!!!!!!!!!

There seems to be something strange in the financial system. The repo market tumbled on Monday from its highest since the global credit crisis almost eight years ago, but it remained elevated on signs lending had not fully resumed by the start of the fourth quarter. It is back up today


Down move in Gold, probably responding to the stronger US$, but if the repo market problem manifests we will probably see a move back up in Gold, as it will become obvious there is a problem in financial markets. $1300 was holding as support, but with this break lower, I think the bottom of the correction will be found between $1260 and $1280 filling the up Gap we seen in late June. With all the reversals today, the bottom might be right now.

For traders, I would not be shorting Gold now but looking at levels to go long as well long the miners

http://www.playstocks.net/index.php/market-trends/chart-of-the-day

[parrot head]

Out. Nice trading stock

[parrot head]

In

[juda]

I realized too late that this a trading stock in the past six months, I could have made 55K with my stock position. Wont happen again.

GLTA