Does Kinross Gold look good to buy? Company Name: Kinross Gold Corp Symbol: KGC Good Prices to Buy: $4.95 to $5.00
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Kinross Gold
May 25, 2005
3 Replies
I may have owned it 30 yrs ago. If you are looking for gold miners I would look at ASA Ltd holdings. They do not hold junk. Personally I'm into AU and GG at the moment because they were better short Put trades but if I was buying gold mining I would use ASA Ltd. which is currently selling at a 10% discount to NAV and pays a 2.4% dividend.
Latest ASA Ltd 10Q/K showing their holdings:
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Of course if you love junk, crap, toilet paper, and losing money eventually, then by all means play with penny stocks. They are just like the penny slots at a casino ... win a little ... lose a lot.
arthur
-- >Does Kinross Gold look good to buy?
. . support SPAM - fools use real email addresses in public forums.
KGC is a real piece of s*it. I own 5000 shares at 8.
Why I have not sold it >
The charts show lots of ups and downs. Buy low, sell when it goes up. It's down now, so buy.
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