RE:prouditalian thanks for my chuck'le of the day TRue Fox, I let a lot of profit get away in FR....but also nabbed the bottom if you recall in tax loss selling. And did double my money ( not 4X unfortunately )
Sprott has actually made more money on KL than any of his other ventures combined including the selling of his brokerage and his ipo. It was his grand slam as they call it.
KL has a sell signal no doubt and I am getting smoked for the first time in a long while on the shares I will receive this Friday at 43.45 US...but Im ok with it as look at these multiples!
67% EBITDA margins
28% ROE
$825 mln net cash
9x PE and 5x EBITDA