This is getting uglyLove seeing the back and forth between the realists and the cheerleading squad.
As stated, KL should not sink another penny into this. I'd take another penny to the quarterly dividend.
Why sink any $$$ into NVO if production is YEARS away?? Posters end of last week said production isn't too far off. We're talking years...ever hear of opportunity cost??
They could barely release 2 assay results and people are already talking about production. Too funny. Show us the rest of the samples already!
The other bozo on Friday who said KL would buy NVO for 3 for 1 down the road. What planet are you on? That would value NVO at $ 1.7-$ 1.8 B CAD and over $ 10.50 CAD share price.
Delusional. The KL Board still has a fiduciary duty to follow and already these doubling downs at the roulette table on back to back NVO investments are now bleeding red for KL shareholders.
Go park your cash into Kirkland Lake, earn a dividend in a co. with zero debt and which will have close to 700 K oz. of production this year.
It amazes me how gullible.
JIN