RE:RE:RE:KL is down 14% Loves. on the positive side , there is no obvious insider trading and /or news leakage fronm either KL or DGC. Kudos to both sets of management for professionalism and respect for shareholders.
I see that DGC SP has been dropping all morning which tends to support your opinion that the premium paid is not excessive. I suspect there is a major opportunity here , staring us all in the face, but I cant see it yet.
I have never really liked DGC but that is largely because do not understand the economics of open pit mining. I do accept that the ore reserves at DGC are accurate...... low grade open pits are ideal for geostatistics...... and KL is known for needing more reserves.
Tony M has an excellent track record and I wonder if KL at todays price is the opportunity we are seeking. IF POG falls to around $1450, I think I might be temted