Back in September, I wrote this about Kaminak (look at the bottom of the article):

I will bet that Kaminak is sitting on a 3 million ounce deposit instead of 1 million

Underworld was purchased by Kinross on the basis of a 1,006,000 ounce deposit, with a purchase price of $139 million.  Market conditions back then (March 2010) weren't all that great yet after the big depression, i.e. It couldn't be that much different than today (maybe a little, but not a lot).

Kaminak is currently valued lower ($117 million).  What gives?

KAM = Strong Strong Buy. (that is not investment advice)