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Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Kinross Disappoints

"Whichever, I see Kinross becoming a much bigger player in our lives. Agree-Disagree? Alternate scenarios?"

There are only 2 reasons for the continuous delays:

1. They found nothing to worthy of release (i.e. 1st phase GE)

2. There are 'other things' going on that prevent them from releasing anything 'material' (i.e. discussions/negotiations/evevnts concerning mergers, JVs, buyouts, acquisitions, etc. etc. etc.)

IMO likely not 1. as they are drilling deep. Therefore, likely 2. Have no idea what or how or who or when?... Details from company have been scarce for some time. Look back at news releases for past number of months... sampling results... land acquisitions... private placements... besides the Puma acquisition, nothing 'material' has been released by SGX... even with the Puma acquisition there was no release stating Kinross resulting ownership stake in SGX... Answers to questions here have been very brief or non-existant...They have been quiet and they know it... but there must be a reason... if there isn't then this truly would be the biggest disapppointment of the century... So we wait.

red911

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