Yes both stocks have taken a hit since the merger announcement, particularly rough on KIN as probably in a far better position to ride the recent upswing in gold price than PNX who were on the ropes cash wise.
Not gonna lie as a PNX holder the merger is a bit of a lifesaver hopefully it works out well for both sides in the end.
They really need to get those drills spinning and get the markets attention whilst gold is on the rise.
Yes both stocks have taken a hit since the merger announcement,...
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