RE:RE:RE:RE:RE:added another 1000 at 51.86Never thought I'd see the day prouditalian!
A new KL long.
The valuation is just insane.
BMO's new report pegs 2022 end of year cash balance of over $ 3 BILLION, and this stock trades at 14-15 PE, right now.
The share price action last 2.5 weeks is laughable.
Unless this is being set up for a takeover?
Also, very odd there is absolutely zero newsflow the past few weeks!! What the he*l is going on @ KL?!?
Shareholders want answers!!
Sorry unacceptable lately and everyone kept in the dark. Not cool of the usual cool BoD.
JIN
prouditalian wrote: I am a numbers guy. And the financials and numbers are telling me KL is ultra cheap.
The question one should be asking is WHY is it so cheap?
Likely reason is Sprott is selling and some Detour shareholders still exiting. Hopefully they are not holding back info that some are trading on.
We also need to see higher dividends in this name. It shoud be a priority. Any buyout of Wallbridge or Novo would be a disaster for the share price and I would sell immediately as wold many others.
Im long 7500 shares presently at about 53.00 CAD...been adding daily
It is however my only position that Im down on presently.