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Re: jimbo8 post# 981

Monday, 11/08/2021 7:44:08 PM

Monday, November 08, 2021 7:44:08 PM

Post# of 1027
Please go to the following, it gives an entire different point of view from Bloomberg

https://www.bloomberg.com/news/videos/2021-09-28/agnico-eagle-buying-rival-miner-kirkland-gold-for-11-billion

NOTE: AEM is buying KL for less than their capitalization!

AEM has been after KL for years now, an probably finally made it worth KL management's attention. Money talks and AEM's large loan vs. KL's over $850 million in cash talks volumes. Take into account the quick assets and the liabilities of each, and add to or subtract from the capitalization, and KL should be the senior or majority partner in this "Merger" NOT AEM
.