Kirkland Lake Gold (KL)

[jimbo8]

KL went down 10-11% because of the 79.35% of an AEM share. The stock analysts, as I do, hated this "merger"! KL stock price was going up before the announcement and AEM probably knew they were on pace for a record 3rd quarter. Yes AEM has almost 50% more product mined, with only 1/2 the income. AEM is old, stale, and inefficient. AEM is also drooling over the massive infusion of cash, implementing new tech with proprietary intellectual property, and using cutting edge tech to survey/Id/and test for new digs. All this to give THEM possible short term shot in the arm !!!! I would rather KL acquire a company like BTG!