Post by
montybissett on May 19, 2020 4:08pm
today 100% more.
KL down 15% since announcement to take out DGC. Same time frame WM up 10%. One a producer with millions of ounces confirmed and mining. The other with hope of millions of ounces and great grade. Gold up 300.00 in that time frame and you would think that would help the producer a lot more. Looking like the take over of Bar by WM is looking much more strategic than KL DGC deal. I was hoping for KL to step in the deal and they did. Unfortunately and then fortunately to steal our property right out from under DW nose. We hit a 100% higher valuation today than what KL was mugging us for. However shutting down WM for a period of time in the bidding process helped us dramatically even though we had sold the farm. You cant get any dumber and luckier than that all in one fell swoop. If KL was allowed to mug us it would have hurt WM dramtically. No where obvious to grow. That could change right now. If back of napkin math of the Babe is true they still have a monster. As recently mentioned by ES after investing millions, suddenly notices Bar has some pretty good dirt.
gltta