RE:Potential Suitor: Only One NowIn continuation to this "potential suitor" issue:
- Volume has been completely insane not just this week but the past three weeks easily with often over the daily volume happening in after hours in NYSE. Very odd.
- Did anyone find out who made the 11 M block trade? Does not appear to be KL since would have appeared on Canadian Insider now as NCIB deployment.
- Absolutely zero insider selling since March 12th when Sprott sold his latest shares.
- Sprott retiring from the BoD. Tony also mentioning company is for sale on BNN at right price.
Think what you might. Yes I would like to remain independent and buy BTR and get OSK next year and build out reserves.
BUT THE BOD WILL SELL for right premium. Fiduciary duty.
Also....all shareholders would still benefit in the new entity concerning KL's asset base. You just want to be bought out by the RIGHT company.
Nothing would surprise at this stage. Great times ahead.
JIN
JintsuGehan wrote: Forget Barrick. Bristow will never pay a premium the type required.
Newmont focused on integrating Goldcorp assets.
I just checked NEWCREST MINING on Yahoo. Today also hit a 52 week high!
Over $ 21.5 B in AUD. This comes to exactly $ 19.99 B CAD.
KL market cap closed at $ 10.67 B CAD.
I would take $ 65 CAD - $ 70 CAD + gladly and call it an amazing run.
BUT MORE IMPORTANTLY, WHAT BOD SHOULD DO ASAP: Take our cash on hand and go out and buy Bonterra for $ 3. Drop in the bucket. Use our Treasury.
OSK can be bought next year only. Go scoop up BTR ASAP Tony and Eric and get their 2400 tpd mill.
JIN