Ross Beaty ANF vs KNTI know Ross put big bucks into both.
They have similar market caps.
Is ANF a better buy than KNT right now, or is Cartesian just holding KNT down at the moment?
In the past 3 weeks gold has jumped over $70/oz, cracking $1200/oz tonight. The average gold stock is up over 17% since then. ANF is up about 27%. KNT is up less than 10%.
On paper, KNT looks like the much better buy with production coming sooner (now), higher grades, more ounces, etc, so do you think when Cartesian stops exiting their position that the stock will shoot up?
KNT needs at least a 20% kick in the pants to get it back to where it belongs relative its peers.
Ross buddy, how about you give Cartesian a call and offer to take the rest of what they want to move off of their hands so we can get back to where we belong?