From: Inca Kola news.
Kinross (KGC) up 3.2% at U$21.99. The weirdest story about K today hit bloomberg entitled "Kinross May Boost Gold Production 57% Within 5 Years". My immediate reaction was "or perhaps production will only increase 54.5%.... or maybe a bit less.... or maybe outperforming an impressive 58.214%". When you read it you see that all the dumbass reporter has done is assume that six pipeline projects in South America come online as scheduled, something as as likely as the hole in my trasero healing up. Included is the economically very dubious Cerro Casale white elephant up in the frozzy dry wastes of Chile (plenty of ounces, no idea how to get 'em out) and Fruta Del Norte in Ecuador, a place where exploitation permits will only start to get handed out 2012, which cuts three years out of the timeline before drawing a second breath. Really, what's the point of this type of bandwidth-waste? Bloomie hacks should really stick to what they do best, which is..... errrrrrrrr.............. mmmmmmmm....drinking coffee.