The best thing I think I can say about Kinross Gold (KGC)
is that this senior gold miner may be one of the better picks in 2014
for investors who believe gold prices will rebound. For those not so
bullish on gold, the combination of high cash costs, limited production
growth potential, and elevated political risk may well outweigh the
benefits of substantially lower capex spending needs in the next year or
two. Although these shares look undervalued today, I don't see enough
undervaluation to want to be a buyer with my own money.
Read more here:
A Tough Mix For Kinross Gold Investors
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