TSE:K

Kinross Gold (K.TO)

37.26
+0.31 (0.84%)
as of Jun 22, 2026, 8:00:00 pm Market Open.
129 watching
0
PARTIAL BUY
Did the Redback purchase and paid too much. Have really had blowing out CapX problems, much more than people were expecting, which the market hasn’t liked. Market has been very unkind to gold producers. Has probably been overdone. The way to Buy names like this is to keep inching in over time slowly.
PAST TOP PICK
(A Top Pick Oct 26/10. Down 49.6%.) Sold in the $11-$12 area. Will be worth looking at as a cyclical play over the next few months.
COMMENT
Gold itself has not been in the investors’ wheelhouse as the economy looks a little bit better. Gold has been going down because it's not the safe haven need that people have in their portfolios. In this case, the Taseus mine has been delayed, which was the big surprise. What happened recently in Ecuador is a secondary factor. Great growth potential going forward but the difficulty is that when people lose confidence, it will take time for the stock to go up.
HOLD
(Market Call Minute.) Likes the sector but the company has been underperforming fundamentally.
DON'T BUY
(Market Call Minute) Weakest stock in the group.
COMMENT
Most people have not been impressed with this company’s strategy. Stock is cheap. If gold prices break down, this stock will go lower.
DON'T BUY
Probably an interesting contrarian bet. Don’t rely too much on book value. A lot of gold companies have rising costs and production problems. Impairment charges could render book values not that accurate. Prefers G-T
DON'T BUY
He prefers G-T. Thinks they have the highest production growth, safest jurisdictions. There comes a point in any company’s life where it is beaten up o much there is money to be made and they may be coming to that point. Thinks gold will move but not as dramatically.
HOLD
It has been a horrible disappointment. Looked like one of the cheapest gold stocks and it is still true but they are having troubles with their mine in Africa. He hopes someone takes a run at them.
BUY
There is potential for takeover. Down over 50% since they bought Red Back. The asset is still there. Sell off yesterday was across the board. Looks cheaper than in a long time. He has added to it recently.
WATCH
Has gotten interesting for the first time. 35% of asset value is in countries that he probably wouldn’t go. There is an awful lot of gold in this one and the problems hold get fixed. He is looking carefully at hit and does he have the patients for a 5-year hold. You have to make sure the company goes through the restructuring and comes out of it.
BUY
Feels the selling of this stock has been overdone. Good management. If you are an option trader, buying the stock and selling the Puts and Calls when the volatility index is high is a lot of fun.
DON'T BUY
(Market Call Minute.) If you are going to buy a gold stock, buy a good one and stay away from this.
COMMENT
You didn't like this one at $16 or at $14. What about $10? Still not cheap enough for him when he looks at the upside. Likes to see a stock that is either 100% or higher for a long period of time over the last 10 years or at least that has spiked a number of times from where he is looking to buy or more.
DON'T BUY
Has not been growing in the recent past. Semefo (SMF-T) is more interesting to him, although it is fairly valued and he would prefer to buy it on weakness.
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