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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
Ya. Thanks. Looking for $10 but may take >$5.5 for some
How about now? KGC gonna make a steady move back up over $5 especially if interest rates stay stable?
Good earnings report. Some raised guidance to outperform
Gold is down for past week, why is the stock up? Is it a dead cat bounce?
Good. Holding for double digits as well and maybe a divy too
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!
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
Shocked at today's action but holding bigleee!
Good. Looking forward to a return to a double digit PPS here at KGC
Go KGC IMHO, I see stock hitting 6.00, by JUNE!
Yep, it is going to be volatile, but I can see this at somewhere between $5-$6 later this year. We shall see!
rader72, we hit the nail on the head, I see KGC going higher, ($7.00)
Good luck
I hope so! Still holding all mine. It is a very solid company.
KGC making a move. Hopefully back above $5+ for good
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.
radar72, still holding my 15K , IMHO, when the federal reserve raises interest rates I feel the price of gold will move much higher.
Looking good today! Still holding mine. Got some ground to make up admittedly...
Still on the death spiral here but not for much longer. Completely nuts.
One solid month of selling ends tomorrow. This should be the bottom right here. Just my opinion of course. Holding mine.
Agree with you, but I have no idea when this trend will reverse. Hopefully this month.
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
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.
Gold is way up, why is the stock price down? Is the company going broke?
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
Look at the pre-market!
Thank you JUSUS!
I want $5+
$4 soon, then $40 as the world burns! Go gold.
Good action here today! Still holding mine. Trump could be very good for gold.
Yep, still holding mine and just ignoring it. It will go up to $5 eventually.
If the market gets shaky gold could make a nice move upwards. Good idea to have a few shares as a hedge
Just bought some. The other night I had a random dream that gold went up a lot and KGC skyrocketed! Why not...
Oct 07, 2016 12:51 NY Time
Bid/Ask 1253.60 / 1254.60
http://www.kitco.com/news/2016-10-07/Gold-Falls-Below-Key-Support-Again-What-s-Next.html
In early morning trading Gold was breaking down through it's wedge and so was the Euro breaking down and US$ 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
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
Looking forward to a rebound and PPS back above $5
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
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.
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