K , K wt C update

kmay2011 kwtcmay2011

See earlier blogs. Kinross keeeps dropping  nicely and could, arguable, be completing the complete pattern. Do not buy the stock , buy the warrant instead. The stock could reach the $13 level, perhaps, but in this market stocks tend not to reach the bottom all that easily. For the warrants this matters very little as most of the value is time value which does not erode that anymore. Under $1 the warrants present a reasonable gamble on this stock.