UPDATE Coronavirus Effect on Gold, Oil & Stocks: Unpredictable COVID19
8,938 views Feb 15, 2020
The dreaded COVID19 has been a substantial influence on global markets
since news broke of its appearance in China.
We have been keeping a close eye on the correlations between the
coronavirus and the stockmarket, and the effects of it have been
rippling across pretty much every industry.
The coronavirus and oil correlation, for example, has been among the
most prominent; as we’ve seen OPEC call for additional
production cuts in connection with the outbreak. https://www.youtube.com/watch?v=xk2CHIoCZZM&t=326s Sprott Money News Weekly Wrap-up - 2.14.20
329 views•Feb 14, 2020
6.68K subscribers Eric Sprott discusses the effect of the worsening pandemic
on the global economy and the impact this will have
on precious metal prices. https://www.youtube.com/watch?v=WpFgjFGXaC4 Why Kirkland Lake Gold Stock Price Crashed To Great Bargain!?
271 views•Feb 9, 2020
KL Bought Detour gold for CAD$4.9B in all stocks deal.
The stock price dropped more than 30%. https://www.youtube.com/watch?v=FabkA14nRYg&t=
The Detour deal will provide excellent buy
opportunities and should be a very good deal and
better on LT long term future -
What I see is DGC shareholders and some market players
cashing out the new shares they got and shorters made moves -
At the end of the day we have the same market cap as pre-merger
except now we own 15m ozs , a mine and a lot more ozs we don't
We have got an additional 600k ozs/yr in production.
This is a medium long term steal imho, I am tempted to add another
5k shares here, and my crystal ball reveal a much higher
price of the LT gold trend next 5 years -
RevT79 wrote: Kl as got the best deal ever buying detour with
is 15 millions oz reserves for.... nothing!!!
they print a bunch of paper shares and bought a massive
gold producing mines.
rigth now the decrease of the SP is due to detour shareholder
weak hands selling there new shares.
How much will those 15 millions oz will be worth in 10 years...
it was shown that the grades are higher than expected on the last
this is a great entry point to buy shares....
hopefully investors see the opportunity!
glta Eric feel KL got Detour for a steal -
Gran Colombia Gold Announces Closing of CA$40 Million Private Placement;
Eric Sprott Increases Investment to Approximately 11%
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