RE:Tony is a very smart CEO,donbestupid wrote: Detour Gold given to KL with a net cash of $114m, where can you find this type of business deal,
KL is now with $800m cash no debt, 289m floating shares, After Q1, 2020 KL will be $1B cash. There is no other mining company come close to KL at this present. I don't see KL price below $60 for long. I wonder POG at $1700/oz. what is KL pps? any thought ? thanks
Dgc does have long term liabilities that have been taken over by kl if you take a look at the Q3 balance sheet. Nothing major though considering the size of the company.
$1700 gold might come as eaarly as next week depending on the China situation.
BB