DELIVERING DISCIPLINED GROWTH

Third largest primary Gold Producer in North America

Free
Message: Analyst condemns Kinross-Red Back deal

excellent points!. Kinross is one of the poorest performing gold stocks this year. IMHO, the last thing one should do is use its underperforming stock as currency to buy anything. So tye Burt feels that using K stock (trading at or near its 52 week low is good currency to pay for Red Back trading at its 52 week high!). The press release might say this is a 7 Billion dollar deal, but its obvious that we paid billions more (if we take into account our underperforming stock).

Share
New Message
Please login to post a reply