Bright Future I agree. KL is one of the best mid-cap proudcers out there, but there are better seniors with a far stronger production and pipeline, as well as AISC.
I would wager, we will probably see high-teens, maybe even low 20's (best case if gold touches $1400 ) in the next 12 months. Obviously, spot price on gold would be the major influencer here.
That said, I feel this current run-up is more of catch up to recent spike in gold of over $40, when KL barely budged, more than the NYSE listing. As exciting as NYSE is, I have seen far too many names get pumped up on here, only to see them fall quickly.
As the saying goes, sell into the strength and buy into the weakness.
Future is bright for this company, but I will look to take some profit soon and look to buy again on weakness.
GLTA
Cheers.