Kinross

Kinross has major problems, despite is overly-celebrated ejaculations in the press about the various purchases of Kupol, Aurelian, Tasiast, Underworld. And still no word of Pascua Lama.

The shareholder dilution here is unreal in the face of declining production and mulitplying costs. John Ing has a share price outlook:

http://watch.bnn.ca/#clip603170

What is required? A very much higher gold price. Same with GBN.V. GBN.V has one major sleeper advantage in these freakishly bad markets, that is to pay a dividend.