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DRGDF - Bid For Detour Gold Marks The Beginning Not The End
Detour Gold Corp
Detour Gold (DRGDF) is a fabulous golden jewel mine with a 23-year estimated life of gold reserve in the safest mining jurisdiction in the world. New CEO Mick McMullen is in the first inning of a new mine plan that has resulted in impressive cost cuts and a five-fold increase in 3rd quarter cash flow. The Kirkland Lake (KL) stock offer acquisition implied price of $27.50 (Canadian) falls well below the $44 (Canadian dollars) stated by Tocqueville Gold fund manager - John Hathaway in a recent interview. (27:00 mark of video). At that time, Detour