GTBAF - Kinross Gold: The Great Bear Acquisition Is A Gamble That May Pay Off Handsomely
- Kinross Gold offers C$1.8 billion ($1.42 billion) for Great Bear Resources.
- Despite good drill results, the Dixie project doesn't have even a resource estimate yet.
- The deal looks good for Great Bear Resources, but only time will tell how good or bad it is for Kinross.
- Another potential winner is Great Bear Royalties, as Kinross should be able to develop the mine quicker and at lower operational risks.
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Kinross Gold: The Great Bear Acquisition Is A Gamble That May Pay Off Handsomely