Insights into the Newmarket Gold and Kirkland Lake Gold Business Combination
Exclusive coverage from the New Orleans Investment Conference. Cory Fleck attended the show again this year and sat down with a number of Keynote speakers and exhibiting companies.
In this interview Cory sat down with Ryan King, VP of Marketing from Newmarket Gold (TSX:NMI & NMKTF). They discussed the details of the Newmarket and Kirkland Lake business combination. The combined Company comes out as a significant mid-tier mining Company with exploration upside and some impressive production forecasts.
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As always we love to hear what you all think of the companies and speakers we bring on the show. Please email Cory directly at Fleck[at]kereport.com if you have any further questions and comments.
Newmarket Gold Inc. – VIDEO presentation from the Precious Metals Summit today
Ryan King, VP Corporate Communications
(TSX: NMI)
Newmarket Gold And Kirkland Lake: A Shiny New Powerhouse?
Sep. 29, 2016 – Gold Mining Bull (4,470 followers on Seeking Alpha)
https://www.ceo.ca/@marketwired/argonaut-gold-announces-receipt-of-change-in-use-of-c7924
Kirkland Lake Gold: Delusion Of Grandeur
Oct. 26, 2016 – Itinerant (2,528 followers on Seeking Alpha)
http://seekingalpha.com/article/4015092-kirkland-lake-gold-delusion-grandeur
The SGE closes and then the price differential between China and the rest of the world widens.
SGE Gold closed at $1306 .2, Silver at $19.2
In other acquisition news…..
Endeavour Silver completes acquisition of El Parral properties in Mexico
By Cecilia Jamasmie, Mining.com | Nov. 1, 2016
“Canada’s Endeavour Silver (TSX:EDR), (NYSE:EXK) announced Tuesday it had completed the acquisition of Silver Standard Resources’ (TSX:SSO) exploration properties in the historic silver mining district of Hidalgo de Parral, in the southern Mexican state of Chihuahua.”
http://www.mining.com/endeavour-silver-becomes-the-sole-owner-of-el-parral-properties-in-mexico/
Here is some news on a mining company that is debating spinning off its assets so that there are 2 companies versus one…..
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Entrée Gold Announces Third Quarter 2016 Results
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2016) – Entrée Gold Inc. (TSX:ETG)(NYSE MKT:EGI)
Entrée Evaluating Restructuring Options
“On October 3, 2016, Entrée announced that it is currently evaluating options to potentially restructure its business, which may include splitting synergistic assets into two separate publicly traded companies. The Company is evaluating the idea of restructuring as a first step towards trying to close the valuation gap between Entrée’s current market capitalization and the real value of the Company’s assets. A key principle of any split would be that going forward each of the separated companies must be self-sustaining and that neither would rely on, nor be obligated to financially support the other…”
Argonaut Gold Announces Receipt of Change in Use of Soil Permit and Construction Decision for its 100% Owned San Agustin Project
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2016) – Argonaut Gold Inc. (TSX:AR)
Good discussion on the merger of two solid companies with Newmarket & Kirkland lake. They still have to prove that the merger was worth the candle to the marketplace; but the size of the company should now put them on the map for more institutional buyers and funds. Good stuff.