RE:dont waste your money on this stockthe longer share holders wait the better.....
kinross lost significant reserves in russia asset sales in 2022.
they have only 20 million to 30 million reserves left at best at present....
as gold price increases they will want to ramp up production with it further depleting existing reserves....
I hope FVL shareholders will have to wait longer as they drill more and more and expand the resource and the gold price increases, there will be a way bigger bid prices then.
If they get bought out sooner it is likely bad for shareholders as they cash held and land held wont be fully drilled and resources expanded to the likely 35million to 70 million ounces there are here.
5 years in mining production is a few quarters in human time....
They need the reserves purchased at fort knox and fast....
any way ... keep shorting I will load more once it bottoms...