RE:RE:RE:Fortification required as soon as possible Wits-2 is big by its very definition. It is so big that it is being compared by many as meeting or exceeding the gold contributions of South Africa Wits-1 over the last 130 yrs. And this is not recognized as such by the outside world….not yet. But all actions to date by KL and NVO management already indicate acceptance, so the priority will be that corporate structure readiness. And all NRs must be timed accordingly. Although the play is going down in one of the best mining jurisdictions in the world, most of the juniors are poorly represented under the umbrella of the ASX. Overall, investors in Canada, the US, and Australia are plagued by the barriers caused by TSX, OTC, and ASX listing. I believe all the complex questions and issues above – as well as a prediction of time lines – can be anchored around the KL listing on the ASX. The KL Global Piggy Bank is likely setting up a branch office in Sydney as early as next month. KL is not going to Oz to raise money thru the ASX, it’s going there to invest money and purchase assets where they are on sale – and quite a few of them at that I suspect. In Summary: Going back to the original paragraph of this post and state a metaphor: The finishing touches on the HMAS Kirkland Lake are being completed as we speak. And our great ship is ready for commissioning on the ASX in the next several weeks. A ship that openly accepts Aussie and North American passengers and is equipped with a quarter billion dollars in cash within its magazines. I suspect the true mission statement will dictate a rapid deployment, so I look forward to watching the guns go off as she aims her shells at the Pilbara. As NVO quietly pursues the explorations and data collection, it all buys time for the corporate structure deployment plan. Because I suspect that when “the shelling of Pilbara juniors” commences, the dealing and trading of KL share-swaps and consumption of Juniors (such as ARV, possibly De Grey) will become much more seamless thru the ASX for all investors. The completion of the Kirkland Lake Gold multiple listing on the TSX, New York, and finally the ASX is key game move in my opinion. One that marks an important time line. P.S. For all those investors that have pursued a strategy of investing in the smaller Pilbara nano-cap juniors, I have some advice to offer if I may. Not only companies like ARV, but the ones that have already been exposed to KL investment interest (like De Grey) will be in possible take-over targets while NVO plays the timing game with NRs. ![[IMG]](https://agoracom.com/assets/hub_seals/free-a74ce6f7d239cfa416685f79ae129cadff740f31ea1572e9573098ab0a79f258.png)
Posted by rayz on HC (I thought this was yours initially Tx)
Safe harbour everyone for all our good ships. I really hope KL does not get bought out. I've had two disasters like that Orko by Coeur and Brigus by Primero (which destroyed my portfolio). The only one that worked was NMK by KL and even that took a while.