In a deal that imo rhyme with kaiser reef Henty mine acquisition, this week Minera Alamos bought a 30k oz au p.a. producing gold mine with about 5 years of ore reserve with exploration upside located in tier 1 jurisdiction for CAD $110mm. Please Remind me what KAU paid for Henty? This cad$110mm price Minera alamos paid for Pan mine is about 3x what KAU paid for Henty if I recall...CYL aint a non profit organization, giving kau a discount price on Henty mine out of cyl goodness and generosity, Henty mine was just the carrot cyl dangle in front of KAU to get half the action at porcupine mill... Victoria is where real action in gold mining is going forward at imo...I would gladly buy another gold mining outfit instead of more and more KAU, but I haven't found any more compelling buys yet so I gotta keep buying kau as often as we can afford to buy...
KAU Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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