Kinross Gold Corp - LongKinross "KGC" NYSE "K" TSX Kinross has worked hard to restore its balance sheet after the disastrous 2010 purchase of Red Back Mining. What happened? Kinross paid US$7 billion for Red Back shortly before gold topped out above US$1,900 per ounce. The subsequent crash in gold prices and disappointing production from core assets meant Kinross had to write down most of the value of the Red Back deal. Management has done a good job of reducing the debt load in recent years, and Kinross is now on solid footing. The company finished Q2 2016 with just US$1.7 billion in long-term debt and had US$968 million in cash and cash equivalents. The rebound in gold this year has helped boost margins, and Kinross even generated US$202 million in free cash flow in the second quarter. With the balance sheet under control, Kinross is now focusing on growth. The company purchased assets in Nevada earlier this year and recently unveiled plans to invest US$300 million in its Tasiast project in Mauritania. Tasiast was supposed to be the crown jewel of the Red Back deal, but the site has never lived up to expectations. That might finally change. The new investment in the mine is expected to boost production by 90% and help drive down all-in sustaining costs (AISC) to the point where the facility can deliver significant margins at current prices. Kinross produced 671,000 gold equivalent ounces in Q2 at AISC of US$988 per ounce. Guidance for 2016 remains 2.7-2.9 million ounces at AISC of US$890-990 per ounce.Longby nnavarrete3
KGC bounceLong on KGC, solid resistance on 4.95 it might bounce. Oversold, expecting buyers. Target at 5.30, stop loss at 4.73Longby jure121
KGC - 4hrWhile the blue count is my primary, price structure still allows the yellow alt Leading Diagonal (3-wave moves off the low) is viable even as low as 3.02. I've annotated the alt 2 as an a-b-c flat, but variation is certainly possible in corrective structures. A significant breakout on volume, confirmed by MACD making new highs, and I will take the yellow alternative off the chart.Longby nick.holland781
above cloud 50 and 200 strong groupwe have done excellent with our mining picks this year-get our book on amazon pennies to thousands- diversify among groups with different junior positions a lot of m a activity coming in group--stop loss close below 8 ema goal line-buy on daily weakness-mix with mature shorts-weekly cloud strong-mace crossed-dmi strong-web site coming soonLongby penniestothousands0
pennies to thousands gold exploration candidategold exploration huge upside relative strength good see in our book same name on amazon our diversification rules above cloud money flow rising lst large gold run exploration companies did outstanding long base Longby penniestothousands0
Kinross Gold CorpThe box in this chart was placed prior to the (a) wave decline. Price touched it and reversed, so far. Possible that the (c) of ii was just the a-wave. I plan to enter a buy stop order at 3.36 along with limit buy orders at the 38.2 and 50% retrace levels. This is another high risk entry, but the risk is somewhat smaller than HMY. Trade safe my friends. Longby nick.holland782
Possible Bearish Shark Setting Up Possible Bearish Shark Be careful though! It's my experience that Harmonic is a bit more loose and unpredictable in Biotech. I'm long the stock right now. TWUC @BlawrenceM Follow me on twitter for intraday updatesLongby CoinedByCrypto115
kgcWolf Wave , target is the top of wave 4 to the top of wave 6 .break down 3.66 is a stop loss . break out 4.45 is the key of entrance .by hussain90
Inverted Head and Shoulder FormationFrom the chart seen its expected to target Oct 2013 High @ 5.30 this stock is infected with GOLD direction ,hopeful that falling mine production in 2014 will help to bring supply closer to demand. All of the capital expenditures projects cancelled or deferred in 2013 will only create supply constraints further down the road, pointing to a stronger turnaround in the years to come. For me as long as Gold above 1250 Once it is expected to see that KGC will goes up toward 5.80 but first we need to see 5.30 , i would recommend buying the stock near the nick line if bulled back near 4.90 toward 5.30 and then 5.60by Nashwan223
$KGC bullish reversal attempt on pivot Short term long trade set up that should gain some strength in to a multi month moveLongby TweetLeni10