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Re: iamjah post# 271

Wednesday, 05/09/2012 12:10:01 AM

Wednesday, May 09, 2012 12:10:01 AM

Post# of 1436
They just announced a 33% dividend increase back in February. http://www.otcmarkets.com/stock/KGC/news

As far as 1st quarter results, I didn't see enough to ask "Is it as bad as it looks?"

Production is within guidance.

So is cost per ounce, although I'd like to see that come down to last year's levels if realistic.

They are on track to produce 2.5 million ounces of Gold in 2012, and paying a respectable dividend so they are meeting my expectations.

I think market "concerns" over the right downs from the Tasiast project are overblown.

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