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 fast anymore. Under $1 the warrants present a reasonable gamble on this stock.
A quick note to the “recommendation” in my blog a week or so ago concerning these warrants. I am of the opinion that both gold and silver are making bubble highs and should not be bought. But, if you did insist in buying these stocks Kinross stands out as the best value and that one should not be bought, instead the warrant should be considered . You can only lose a single dollar but perhaps gain two or three whereas on K you can lose a dollar many times over.