Agoracom Blog

Kinross Gold Plunges 19%, Hits 6-Year Low On Mine Woes … And Bad Aurelian Resources Karma

Posted by AGORACOM at 1:14 PM on Tuesday, January 17th, 2012

Despite gold sitting at $1,650 + … our good friends at Kinross Gold are trading down 17% today … make that 19% (can’t keep up with this thing … see updated chart below), sending Kinross to lows not seen since 2006 if you don’t include the entire global free fall of 2009.  In other words, on its own merits, Kinross is down to 2006 levels.

This couldn’t happen to a nicer bunch of people, especially Kinross Chief something Tye Burt.  AGORACOM Members will never forget how Kinross pillaged Aurelian Resources in a “deal” that was preceded by the biggest online shareholder revolt by small-cap investors this century.

For those of you who still bare the battle scars, or for those of you who’s interest is now peaked, have a look at this string of stories marking triumph despite an official defeat.

We won’t forget.


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