RE:RE:RE:Need a mill?prouditalian wrote: As a shareholder of KL, there is no way shareholders wojld approve this buyout. We have more than we need with Detour.
Already the buyout of Detour has cost shareholders a lot of money as shareprice has been a disaster since the buyout due to dilution.
Too many costs involved with buying out WM. Dilution and building the bloody thing up. NO way Jose.
Ba ha ha ha ha;....you're too funny Proud IT!! KL share price went down along with all others in the sector. They have recovered nicely since then. As always stocks go up and down and depending on where you got on the bus it is either good or bad. All relative I guess. This is a stategy play for them;... They have the Detour mill currently running under capacity and with room to expand;... Add in some high grade ore like WM has and boom you are making bucks hand over fist. They did not get Tony on the Wm BOD for the fun of it;.........you can bet your lucky stars they have a take over in mind. Thankfully SPROTT is involved with all the players ( Puts money where his mouth is / or skin in the game if you like) and will not let this go unless there is some decent return. Like always we need to let this play out. IMHO
Have a great WM day!!!!