RE:Has anybody wondered why they would let K92 getWhen the deal news came out, I thought the exact same thing. Not sure KNT "dangled a bone" so much as is it is B waking up to what they sold for a pittance really - but kinda had to - as their books at the time were a tad heavy.
B does'nt buy any potential < 500k/oz/yr properties. The do their hoework first. They buy tier one mines. So that speaks to what they saw as potential.
I am fairly certain I learned somepoint that their BK administrator / advisor instructed the sale along with other properties B had to sell at that time, in order they remain solvent.
Now that they are "healthier" again, they may take a look at this blooming rose, if you will. A partnership, or, as I have been hinting to at times, a complete buy out, a retakeover.
But IMO, another dynamic that is not obvious is in play with KNT .. its going to be very **special** YOU WANNA BE in on it if you can. :-)
This latter notion could be entertained by a higher share price, but, what if we could do it on the cheap? How ? Management is straight up and is operating very well. Still, we need to thin the roster of the pesky public shareholders .. LOL
I think the ability of, if any, price containment that might be in play, cannot last much longer.
How many drills dedicated to blue lake ?
You may be on to something ?