Kinross share price is down 40% from 52 weeks high,recently. This is retaliation from KINROSS shareholders for unfair deal.
While I would love to agree with you, the fact is that Kinross's chart matches exactly the drop in both Yamana's and Goldcorp's price.
The biggest problem (or should I say one of many) is that the huge "potential" of ARU's deposit is now tied exactly to the price of Kinross's shares. As gold goes up and down, so does the implied value of ARU.
This SHOULD NOT BE THE CASE. We are not being paid as a major (the offer is for $65 / oz in the ground [defined ozs in..1 deposit only] vs. the majors getting + $200 / oz in the ground) and as such we should not see our offer drop as a result of the ups and downs of the market.
Majors....if you want this world class 13 - 40 m oz deposit...
SHOW ME THE MONEY.....and I mean CASH, not paper and warrants.
DO NOT TENDER YOUR SHARES TO KINROSS. Hold out for Cash in your hand!!!
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