SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
Gold Stock 1
KGC
|
|
|
+17.37%
in
149 days
I like this stock fro three reasons. The first positive factor is that It is growing its gold reserve base constantly. Second, there is currently positive cash from operations and available credit to fuel more growth. Lastly, I'm bullish on gold prices in general given the state of the dollar at this time. As inflation fears rise, so will the value of gold and I think this particular company is poised to capitalize on that and you can get in on the action as well.
|
Gold
KGC
|
|
|
-2.03%
in
20 days
(closed on 08/27/08)
Folks assume Fed is leaning more hawkish than dovish, and will see banks will require a dovish Fed not for proftiable growth, but for the survival of the financial system as global consumer credit (all developed economies including US, UK, Australia, New Zealand) continues to deteriorate. With other central banks (Australia, ECB) also leaning towards cutting to offset slowing growth, it will signal a new upleg in gold.
|
Neutral on KGC ...
KGC
|
|
|
+20.06%
in
493 days
I've made good money off the out of the money options with this on either side. Long term, this would be the gold stock I'd own.
|
Kinross Gold Corp
KGC
|
|
|
-5.21%
in
503 days
Guru: Gordon Pape
Newsletter: The Canada
Report
BUY: Kinross Gold Corp.
(nyse: KGC)
Kinross Gold is the third-largest primary
gold producer in North America in terms of
reserves. Based in Toronto, the company has
been in business since 1993. Kinross has three
new projects in the works which are scheduled
to come on stream over the next two years, in
Siberia, Chile, and the state of Washington.
Management estimates that as these projects
ramp up, production will increase more than
60%, from 1.6 million ounces of gold in 2007
to 2.6 - 2.7 millio...
|
Somehow risky, but can't stay away!
KGC
|
|
|
+6.92%
in
550 days
This company has been beaten lately for a few stupid reasons but I think gold will continue it's march upward. Also, I could go on forever about how this company has great leadership and a solid business plan but I'll let you look it up yourself. It's a bit risky because of jittery financial markets but I think this will ultimately have an upward trend overall over the next 6 months. 5% invested at $21 per share and now another 3% at current market price. Cheers!
|
From the Blogosphere
Hedge fund manager John Paulson makes $45.3 million in a gold trade
Filed under: Kinross Gold (KGC), Commodities There's nothing like a quick profit. Hedge fund manager, John Paulson, made $45.3 million in five weeks in a single gold trade. Bloomberg reports he owns 10.3 million shares of Detour Gold (DRGDF). Since purchasing the shares in October, they soared 35% to close at CAD $18 per share in Toronto. Paulson, who manages $30 billion, has invested heavily in several gold companies. He is the largest shareholder of Anglo Gold Ashanti Ltd. (AU) with 12% of the company's stock. He also has stakes in Kinross Gold Corp (KGC) and Gold Fields Ltd. (GFI). <><>Continue...
|
Resource expert eyes gold
|
|
|
 "I expect gold to eventually reach at least $2,300 per ounce, in the years ahead," says Larry Edelson. In Uncommon Wisdom, the resource specialist looks to a trio of favorites in the sector.
"Select investments in gold shares are just about the best thing you can do for your portfolio to ensure your financial health. "Weakness in the dollar is definitely driving savvy investors into tangible assets — particularly gold. Even central banks are getting in on the act,.
<>"In fact, Central Banks have bought up hefty amounts of the yellow metal to diversify away from the U.S. dollar. Russia's centra...
|
Lower Output from Gold Producers – Analyst Blog
|
|
|
Kinross Gold Corporation (KGC) is planning to acquire mining assets in North and South America, Russia and Ghana to stay out of countries such as China, which is currently the world's top gold producer. Toronto-based Kinross will continue to build on its operations spread throughout the Americas, and around its Kupol mine in eastern Russia. Kinross sees higher political risk at Venezuela, China, Indonesia and PNG (Papua New Guinea).
Declining global gold production and a weakening U.S. dollar are driving higher gold prices. Gold production peaked in 2001 and has been declining ever since. Ne...
|
Best of the Web 11/19: Paulson Letter, Wall Street Can't Control Itself, Ken Griffin Rebounds, $6300 Gold?
StreetInsider.com Best of the Web: <>Hedge fund guru John Paulson's letter to investors on third quarter performance. Paulson's comments in the letter that Bank of America (NYSE: BAC) could still double made the rounds yesterday. The firm also said their 5 gold mining position have upside potential in a flat gold price environment, but would rise even more in a higher price environment. (NYSE: AU), Gabriel Resources, Gold Fields (NYSE: GFI) and Kinross Gold (NYSE: KGC).
<>Morgan Stanley's (NYSE: MS) outgoing CEO John Mack welcomes the increased regulation by the Fed. Mack said "They test our m...
|
John Paulson Set to Launch Gold (GLD) Hedge Fund
|
|
|
I keep looking for something that marks at least an intermediate term top in gold, i.e. a "magazine cover" indicator aka when everyone is on the same side of the trade and even your barber starts talking up gold stocks. This doesn't mean the thesis is not correct in the long run, but let's keep an eye out.
<>The latest bit of "piling on" in the gold trade is infamous hedge fund manager John Paulson - who already holds enormous amounts of gold in his main fund (over 8% of the entire SPRD Gold Shares (GLD) ETF!) - opening a gold specific hedge fund, partially just to find a place to protect...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
Be the first to start a discussion and earn 2 points.
More Resources
|
About Kinross Gold Corp
- Answers.com
