EXPM:HRTFF - Post by User
Post by
justrelax2on Mar 04, 2020 2:08pm
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Post# 30766434
For much of last year
For much of last year
I prognosticated about KL moving on Harte...for 2 big reasons...their share price exploded to $67.00 and seemed unstoppable...an all share take out of Harte seemed plausible using their huge gain in market cap...and I thought they really wanted a crack at Stoughton property to eventually feed the Holt complex if they find something there....well, they have been " Detoured " and now have their hands full...and the share price at $ 47 makes it far less likely....I could be way wrong..maybe....still leads me to Barrick....Hemlo mill operation under utilized after open pit closure...trucking to Hemlo may be way cheaper than building mills on site..don't know....If we can show Barrick ( or if Barrick sees ) a path to 3-5 million ounces...???...plopping down $ 1 Billion to get their hands on $ 5 - 10 BILLION should not be too much of a stretch...just saying