Agoracom: Small Cap Investment - Kinross Gold - ANOTHER IGNOMIOUS SLIDE FOR KINROSS

DELIVERING DISCIPLINED GROWTH

Third largest primary Gold Producer in North America

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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Waiting in the Wings

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ANOTHER IGNOMIOUS SLIDE FOR KINROSS

posted on Jul 31, 2013 08:20PM

Kinross Gold Corp. announced a $2.4-billion impairment charge because of lower gold price assumptions and a previously announced loss on an Ecuadorian project that the miner abandoned a few months ago.

The latest charge brings the company’s writedowns to $8-billion over the past year and a half, exceeding Kinross’s market capitalization of about $6.1-billion.

“Kinross has made good strides to improve the costs at the existing assets and has beat consensus earnings for three successive quarters. However, BMO Research forecasts balance sheet pressure at prevailing metal prices in the absence of further cost reductions, capital conservation and possibly lower dividend,” he said.

Tye Burt... you, sleazy fast double talking used car saleman = that passed for a CEO, should return every dime you were paid in compensation.

you made a bad call on the equinox acquisition which will probably bankrupt the company.

your reign over kinross will go down in history as one of the greatest blunders in business. ever.