RE:TonyI regret that Tony left the company but on the otherhand I'm very very happy that Natascha Vaz and Eric Kallio are member of the AEM board. I really think that in the future Natascha has a big chance to become the leading person of AEM I will keep my shares AEM will not grow that fast then KL But on the other hand the risk profile is a lot lower now. A good dividend and finally the start of a share buyback. The company will grow by itself but the rising goldprice will do the most part of the job
300 million extra revenus with a 100 dollar price rise of gold. And one thing AEM has more then KL : A belief in a rising gold price.
Given the steady drop in AEM valuation, I wonder if Tony suddenly saw something that made him realize he had to get out NOW? KL was an aggressive company that delivered. I was a presentations by executives and they did what they said they were going to do. I know that AEM has a great reputation, but the constant sale of shares indicates that more and more people are seeing something that they don't like.