Eric Sprott drove the bus on KLG/NMI merger, BNNhttps://www.bnn.ca/kirkland-lake-gold-and-newmarket-gold-announce-merger-deal-1.576129 "Newmarket Gold has been on an aggressive expansion spree with the help of Eric Sprott – the noted gold bug. Sprott holds more than nine per cent of Newmarket’s shares and is also the chairman of Kirkland Lake Gold. “Clearly, Eric Sprott is driving the bus on making this transaction work,” said McCreath (of BNN)"
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"Newmarket CEO Douglas Forster has been trying to build the company into a mid-tier gold producer for the past year. "
For me, both Sprott and Forster can go where the sun
don't shine.
I don't buy gold stocks to see them consolidate shares.
That is sabotage and making investors think gold stocks
are only good for trading and small gains. Not long term
holds for safe haven and monumental gains.