Normally I would agree with that rationale, however in the case of KLA and specifically Eric Sprott, he is on the record as saying (2018 Precious Metals Symposium) that one of the boxes he loves to tick when looking at a company to invest in, is sub standard management. The reason being is simple....providing the fundamentals are there (ie a good resource) and with a large enough stake, poor management can be easily replaced with great management. That alone can bring about a significant turn around in SP.
KLA and ARV, page-7
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