RE:RE:To add some spice to Detour acquisitionBossu, what I like the most about this scenario with the Detour camp now part of the KL family is that in this trying time of Covid-19 where underground mining for all companies might become more difficult and therefore less profitable, open pit operation should be relatively smooth(er) sailing.
All the naysayers on the Detour acquisition were wrong. A somewhat small all share purchase for 600,000 ounces of gold per year is looking pretty smart right now, particularly as gold bullion price rises and Tony & team working on how to reduce AISC. Your $1000 per ounce x 600k ounces is very sweet. I just don't think Mr. Market gets how much cash flow KL is getting and more importantly how much more it'll be getting in coming years. Kl is waaay underpriced IMHO.
Aside from what we have produced in Q1, I think Mr. Market also doesn't fully understand the potential at Macassa with the recent geo findings at the SMC and the huge potential with new shaft. Aside from the virus issues, should be profitable times ahead for KL. JMHO.