Kirkland Lake Gold Ltd. T.KL

Deal price is 9% below yesterday's closing KL price

[TimeScape]

The deal price works out to $50.63 based on the .7935 ratio. Yesterday KL closed at $55.70.  Taken over for more than 9% less than the existing share price?? Can't imagine people woould actually vote in favour of this nonsense.

[westcoast2019]

granted this is correct but the stock did rise in anticipation of an announced deal I was hoping for a much better deal than this around a 20% premium maybe.. There is nothing wrong with KL as it is I see no reaon either to sell . I think others will come in and overbid this especially if the gold price rises. Not selling one share at this time.

[westcoast2019]

granted this is correct but the stock did rise in anticipation of an announced deal I was hoping for a much better deal than this around a 20% premium maybe.. There is nothing wrong with KL as it is I see no reaon either to sell . I think others will come in and overbid this especially if the gold price rises. Not selling one share at this time.

[westcoast2019]

oops sorry posted twice

[TimeScape]

Yes, the stock price did rise a little the previous day, but the deal is still almost 6% below where KL closed on Friday.  Management is trying to sell the company for less than the market price of the business.  Not going to get shareholder approval.

[Sunvalley]

Investors should keep in mind that KL has risen in price recently in anticipation of some sort of deal in the works.Some people always seen to know as word leaks out no matter what . Now it is simply giving back some of the gain that was because of the anticipation. No big deal there . The new company will be a awesome force to be reckonded with in the precious metals area and will set the agenda

[Sunvalley]

...or is it "reckoned" ? Sure having trouble with my spelling lately. Old age I suppose.

[Consvestor]

Difficult to say how much of the recent price gain has been in anticipation of the takeover, or if it was due more to the slew of recent good news (record net earnings, great drill results at Fosterville, 10 MILLION+ increase in reserves at Detour).  KL did not have to make this deal.  I feel that Tony saw his opportunity to be in charge of one of the largest gold mining companies in the

[Davec12]

Definitely NOT getting my vote. I like owning KL. If I wanted Agnico shares I would have bought them simple as that. I have no intention of owning Agnico in the future at the moment either. I like some other choices I have made and if necessary and I get Agnico shares I will sell them and move to my other choices.

[Bucconeer]

This post has been removed in accordance with Community Policy

[Lemboy]

Did Tony & Co learn negotiation skills from Trump's book The Art of The Deal?

[Zoolou1]

Or The Art of The Steal??

[KansasCrude]

Well  Said,  At this point that is the only reasonable course of action....Although stringing MacMooch up by his neck sounds good too!