Re: The way to defeat dilution
in response to
by
posted on
Jul 20, 2009 12:50PM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
10,000 pardons - you were right; Kinross owns 23%, not 28%. That is, I'm taking your word for it. Both today and Friday I was unable to get hold of the Chadmeister and had to take the word of the lady who answers the phones who disseminates IR info when perhaps she shouldn't.
I've seen this 28% figure on another bullboard; guess somebody else talked to her too.
In any case, 23% is still a big piece. The difference between 23% and 28% is the difference between the crocodile having you in its mouth up to your knees vs just above your knees.
Not that Kinross is a crocodile, of course.
Not that Kinross would ever eat up poor, struggling little Victoria.