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Message: Interesting

Mar 17, 2010 10:58PM

Mar 18, 2010 12:20AM

That Victoria is spinning off their African properties. It makes them a prime takeover candidate. Kinross wouldn't hesitate to buy their Nevada properties. They bought out Underworld in the Yukon recently. Their policy seems to be to concentrate in a few geographic regions right now (Russian acquisition) and logically would be looking to take out Victoria (Dublin Gulch, Yukon) or Atac (satellite properties around Underworld's , and their own interesting find "Rau") next. Of course, Kinross already owns part of Victoria.

Full disclosure: I was long Underworld, am long Atac, and am quite interested in Victoria right now.


Mar 18, 2010 03:56PM
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