Sweetness

Teck Cominco Unloads Kinross Shares

I'll try to dispel some of your ignorance...

Paulson and Co. is of course now famous for seeing the housing bubble before it popped and profiting to a mind-boggling extent.

They have over $30b under management.

Though I would never presume to speak for Mr. Paulson, it is entirely possible that he is bullish on gold because of the unprecedented money supply increase we are seeing.

So, why is it that you inexplicably believe their ownership in KGC belongs to someone else? FYI- they also have a major position in AU.

If you really believe something is untoward, why don't you call their general counsel, whose contact information is listed on their most recent 13F and ask him?


On Apr 12 10:48 AM Edward Ulysses Cate wrote:

> Taking a look at the Top 10 Major Holders of KGC, you'll see that
> Paulson & Company just took a new MAJOR position recently. If
> one could figure out exactly who Paulson & Company is fronting
> for, we would be able to see who's really pulling our strings. But
> that's why private equity and hedge funds have little reporting responsibility,
> so that it's difficult, or impossible, for the public to figure out
> who's selling them out.