Market MadnessOn a day that the gold price rises $15 US. What happened to KL share value while we were paying attention today to how the new drill results would affect the share price.
Unless they have scince divested KL owns shares in the following in CAD:
Bonterra 8.51M shares up .01 = $85,000
Osisko Mining 32.6M shares up .10 = $3,260,000
Novo Recources 29.8M shares up .29 = $8,642,000
Total = $11,987,000
KL shares were up today .07 on 210.2M shares = $14,714,000
So excluding any influence from the DGC price rise the Drill Report news caused KL stock to rise by $2.72M or divided over the share base about an effect of 1 cent per share.
I didn't think the results were that bad but the market does ??