Q: Peter,
What are your views on KGI? It is expected to produce 180 - 200 k ounces of gold this year and earn about $1.8 per share. Considering these facts and the rise in price of gold, this should have been positive for the company. To the contrary it took a tumble in the last few days while others went up. Do you like the company or is it time to bail out as the price decline might be indicative of something negative.
What are your views on KGI? It is expected to produce 180 - 200 k ounces of gold this year and earn about $1.8 per share. Considering these facts and the rise in price of gold, this should have been positive for the company. To the contrary it took a tumble in the last few days while others went up. Do you like the company or is it time to bail out as the price decline might be indicative of something negative.