OTCQX:GTBAF - Post by User
Comment by
vestor111on Mar 18, 2020 7:06pm
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Post# 30824006
RE:RE:RE:RE:Kirkland Lake Gold
RE:RE:RE:RE:Kirkland Lake Gold
Besides Kl own 8-9% of WM which is merging with Bar which abutts Detour. Detours drilling runs pretty much right up to the Bar boundary.
Sprott was Chairman of KL and owns ~24% of WM and ~10+% of Bar (and he bought more recently).
I think when WM releases their 43-101 next year....it is a done deal and KL will have an absolutely huge package (over 100Km) on trend with a target rich environment.
i think WM's ties to sprott have soften these hammer blows a tad.
Waiting for Apr contract to declare...and then the criminals will pile on the miners in late March/early April before production.
BTW 4Q the average POG was $1480 so far 1Q is $1587. The criminals know this and will be buying.