RE:How manyy shares did KL bought on Nvo. over average of $4 Re Novo and Bonterra news today.
Re Novo shares. I don't own any but like to watch as KL has about a 195 position as far as I understand.
To put things into perspective :
Assuming (per May10 2018 press release) we own 29.8 million shares of NOVO and did't exercise share purchase warrants for more then the bump up on the Egina news today (currently up .21/share) comes to $6.258M
This share price increase covers the $5M of additional Bonterra shares purchase announced today with some left over for later purchase of some of the warrants.
So far the news isnot making too much difference in KL shsare price though it is up a little while GDX is down little.