RE:Wheeler Dealer"KL would have had some pretty top notch geologists looking at this before they jumped, so validates ORX's projects."
100%. KL's north american land package started as Kinross assets, traded for Kinross's Chile operations. KL's MC is bigger than Kinross. KL did the same with Fosterville. These guys don't lose when it comes to M&A.
These guys have a great technical team that finds value others either couldn't or have yet to. They have a lot of confidence they will come out ahead in this deal, effectively meaning they believe 50%/75% of these assets is worth significantly more than what they would pay to explore.