RE:RE:RE:RE:RE:RE:RE:RE:Merger Key Valuation methodKDX is very narrow grade and doesn't have long life reserves, so it's probably over-priced, certainly compared to KLG. However, when I bought KDX is '13 at $1.20 - after speaking with Paul Huet, whom I knew from Premiere - I assure you it was as unloved as KLG is today. Now, it's an instututional darling. This is par for the course.
KLG will recover, especially if they do list in NY, like KLDX. They are doing a ton of drilling, so with luck, we'll have some hits soon. either way, this is going to get into GDX and subsequent millions of new shares buying.