Q: What is your outlook on these companies for 2017?
Q: With some shareholders suggesting this merger not go ahead and KLG should show more interest in the offers, would you consider nmi a buy for the break fee?
Q: In the last couple of weeks, I've taken a proper drubbing on Kirkland Lake Gold (have lost 30% in that time) ever since they announced their merger with Newmarket. The price of gold isn't helping of course, but this depreciation seems to be more of a direct impact of the merger.
I'm just wondering if I should throw in the towel on this one, or if the merger will revive it? (I'm honestly confused as to what would be the better part of wisdom here.)
Is there a likelihood that this will survive and thrive -- or is this all a big gamble in the hope that the merger will make the new iteration a company which is "bigger than the sum of its parts".
I don't want to waste opportunity here waiting for something which has no great intrinsic value.
In all honesty, I had purchased NewMarket & Kirkland as only traders, hoping for a nice healthy increase and then get out to re-deploy pprofits elsewhere --and it was working -- until this new merger was announced. (My long term hold in the gold sector is AEM). So ... any suggestions?
Is a bounce likely to come before the end of the year?
Anything that you can tell me about this position will greatly enhance my ability to make a decision. Thank you, as ever.
I marked this private only because I thought the rest of the membership might be bored with more NMI talk, but if you feel it would be of value to others, feel free to publish.
I'm just wondering if I should throw in the towel on this one, or if the merger will revive it? (I'm honestly confused as to what would be the better part of wisdom here.)
Is there a likelihood that this will survive and thrive -- or is this all a big gamble in the hope that the merger will make the new iteration a company which is "bigger than the sum of its parts".
I don't want to waste opportunity here waiting for something which has no great intrinsic value.
In all honesty, I had purchased NewMarket & Kirkland as only traders, hoping for a nice healthy increase and then get out to re-deploy pprofits elsewhere --and it was working -- until this new merger was announced. (My long term hold in the gold sector is AEM). So ... any suggestions?
Is a bounce likely to come before the end of the year?
Anything that you can tell me about this position will greatly enhance my ability to make a decision. Thank you, as ever.
I marked this private only because I thought the rest of the membership might be bored with more NMI talk, but if you feel it would be of value to others, feel free to publish.