RE:RE:Potential Suitor: Only One NowAgreed. They should make a move on something (not necessarily BTR but they already own close to 10 %) in next couple of months. Especially if we get a gold rally.
Before things get pricy!
I remember Detour at $ 36 CAD in June 2016 totally insane for 1.2 g/ton ore.
Imagine what KL can go to in a similar Precious Metals rally: $ 75 CAD + in a couple of months if gold heads north of $ 1450. $ 120 away from there, not that much.
All about momentum.
NUGT & JNUG would be quadruples from current levels as well easily.
JIN
PillsburyDohBoy wrote: 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
Abcourt has a producing mine and mill with a market cap of 16$m and they are profitable. Monarques has a mill with no feed of their own come end of June. Btr is not the only mill out their. But they do have the exploration potential.
Pills.