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Message: Re: Risk?

Feb 02, 2010 11:15AM

Re: Risk?

in response to by
posted on Feb 02, 2010 03:13PM

Good point, freedom. The Fort Knox has all its infrastructure costs paid for years ago, even the heap leach, so adding gold ounces via a buyout is pure gravy to Kinross. They are lagging Goldcorp in profitability and the Gil would bump that up a few hundred million. Not like a greenfield site - everything is in place to exploit the Gil.

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