RE:RE:RE:I love the discipline of the KL shareholders today!
The market has been giving those gold companies that increased their dividends better performance. Big institutions love dividend increases.
True ..... but KL is in a position to increase both dividends and share buy backs.
As a miner Makuch may see the logic in earmarking $100m for a JV of another companies property, but if that $100m was used as an increased dividend, then the SP increase may enable KL to buy outright 100% of another companies property with shares and use the cash retained to develop the project.