Sorry, to go to $KL I do not think so smart. For weeks, because of the merger with Agnico Eagle, no more goes there. Since I find newmont or barrick to leverage better. Actually, the leverage on mining stocks but really clever, the risk reward is pretty good. I'm the vola but too high at the moment, no desire to hypertension, therefore prefer fundermental cheap junior miners.
@MCS_21 Incidentally, in 2015 Kirkland still had a valuation of less than 100 mil. dollars. If you knew your way around the sector back then, you could pick up a solid 100bagger.
@MCS_21 Find $KL fundamentally relatively strong. The leverage was actually only for the rebound at the 50-day line because it worked so well last time
@getquin Yes, fundamentally they are one of the strongest gold majors, but the merger with Agnico will slow down KL's growth extremely, which is being priced in at the moment.
@getquin There are few good quality ones, that's true. I also have some optimization needs under my name. But the sector is so illequid that everything should actually rise if prices are sustainable. The important thing is to select well.
