Well, my vote would be for AEM, like everyone else!But, Jerry, if it was announced company XYZ and the offer was lets say $10 ( just for shlitz and giggles ) the stock market and the existing shares would run there any way, no matter who.
So at that point do you want out, you sell, if you dont, you hold.
But now, matter who, the real question is have we gotten value?
If JB & Crew take it to production then this stock starts trading like a producer vs EXP & Developer. I know you are down on KL, but keep this in mind, THEY ARE A PRODUCER! So when Au starts to run to $2000 or even $3000 like the Band of America has suggeted, KL will move, they all will and the bigger the producer the higher the price. AEM is already $93 and KL $60 ( nice run by the way )
NO matter what, this stock is so undervalued at $4.00 it sucks! Ive said this before, last time it pushed over $5.25 was becasue they were listing or put on the S & P 500, that was almost two years ago, the only winners were the traders on Wall & Bay street.
Personally, the faster we get to being a producer, the faster we trade on real value.
NOW, what about this....this picture was painted to me ten days ago, and perhaps this is the reality of the picture....don't laugh me off, I may be old, but ive seen a lot of things that one thought could not happen or would happen, but did happen....so now the painted picture......( When this was painted a number of things
we strongly suggest) Some one in the know....i will do it in point form....follow the ball..
1) Under Eric Sprott @ KL he aquired the second largest postion
in OSK!!!
2) Eric choose to retire, have way more fun, less stress, more travel, this was his plan as discussed in the artic 15 years ago on our fishing trip with Ralph et al!!
3) Eric forced the merger with MTO & BTR all stock deal.
4) Deal was structured with BTR and OSK just before a lot of this happend for BTR to get a piece of BFD projects.....thank Gladiator not GOD! Well, maybe both!
5) Eric, is still the single largest stakeholder at KL, his opinion matters!
6) When is the last time you actually heard him talk about OSK on a podcast? Let me help you, June 2019, he plays with very, very big boys, globally!
7) Bachelor, is ready to open, and while it remains the same distance away as where they want to build, using it, puts them in a whole new game, PRODUCER! Were in the Orpahn state, waiting on PEA in late Oct or Nov, building a mill is going to happen, but thats a $400M expense, were in a rising gold market, let the ground pay for this mill!
8) Erics original plan, get OSK to take out BTR! Trustme, I am not sharing anything that the street does not all ready know, I would never breach our confidence, to me, fishing matters more than money!
J 103, so the suprise just may be an announcment that OSK is moving ahead with sending ore to Bachelor, 2500 tpd, and BTR is no where near advanced to start turning that mill into full production, but OSK is. This mill is closer than the one they sent ore to to produce the existing gold bars!
So, my paint by numbers maybe scrambled, its early here and Ive only had one cup of coffee, but I drink from an enamel mug, it reminds me of still being out in the field, fishing or other!
https://btrgold.com/projects/bachelor-lake-mill-abitibi-greenstone-belt-quebec-canada/