BNN... Market Call... Feb. 17thJames Telfer of Aventine Investment Counsel was asked his thoughts on Kirkland Lake on Market Call today. He indicated that his firm was more intereested in the juniors as oppposed to Kirkland, Newmont or Barrick.
He specifically mentioned that AIC had rolled up their sleeves on a couple of names, one being Marathon Gold.
Marathon presented as an interesting and attractive company and was located in a great jurisdiction. The larger companies, ripe with cash, are looking to increase production via acquisition and in his opinion Marathon Gold was such a candidate.