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Kinross Bear Case Scenario $KGC, $GLD

Kinross is no longer a low-cost producer due to the significant mining cost inflation the firm has experienced in recent years.

Investors may want to skip the corporate exposure and just buy or short the commodity directly.

Kinross’ largest mine by GEO production, Kupol, is located in Russia–a country periodically in the headlines because of unfavorable treatment of international investment in commodities. Huge geo-political risk which will depress shareholder value

 

George Gutowski writes from a caveat emptor perspective.

 
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