RE:Kirkland Lake our own little octopus :-)) Goldbug52-(12/9/2019 9:10:33 AM)
Kirkland Lake our own little octopus :-))
Octopi are very smart creatures. Our KL is spreading it's tentacles and wrapping up a lot of yummy snacks. Our huge cash stockpile is finally being deployed and very wisely :-)) !
Eric Sprott and KL, a one two punch !!
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Wow !! As I speak WM is at .85 up only 8.28%.
I think it has room to move up yet today.
It certainly looks like KL had a lot more in mind than just shoring up its life of mine with the Detour Lake purchase. They may just get control of a very rich area play if all works out. Bravo for having the courage to be first movers.
With KL's treasury any success at WM and they will likely up their stake and with William Day family Eric Sprott and now KL's position no one is going to take a run at WM unless KL tries to get it on the cheap. This almost makes WM a defacto subsidiary of KL and still if it falters then KL can still get out without a great loss. GREAT MOVE and to have Tony on their board now makes it even better because he will know first hand what's going on there.