“We believe that Kinross’ bid will be the start of a bidding war for one of the most coveted undeveloped gold deposits in the world,” Michael Gray, analyst at Genuity Capital Markets told clients. He suggested that Kinross must have “sufficient in-country intelligence” to convince them to jump the gun with a bid in light of Ecuador’s political uncertainty. The new mining laws are expected to be revealed soon.

that's right

one of the most coveted undeveloped gold deposits in the world...

I bet you haven't heard that from our management recently have you...

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