Kinross Gold Kinross Gold ( TSX: K )( NYSE: KGC ) has been abandoned by the investment community along with the rest of the gold mining industry. Thanks to plunging metal prices, the company has been forced to write off millions of dollars in assets. And since 2011, shareholders have watched $17 billion in market capitalization erased. However, the bull thesis for the troubled miner is starting to improve. Kinross plans to cut capital spending by $555 million this year, which will alleviate the company's cash crunch. In addition, the stock is trading at valuation multiples on several metrics that we haven't seen in decades. The smart money is starting to move in. A number of well-known hedge fund managers (who are not handicapped by the $5 rule) have started building positions in the company including Steven Cohen, D.E. Shaw, and Israel Englander. What could all of these Wall Street bigwigs see in Kinross? I say it could only mean one thing: an epic rally is ahead.