KLA up another 5% overnight on NYSE, have moved up since it’s listing at astonishing speed given its size. It mainly looks to be based on speculatior on of the scale of the reserve upgrade at Fosterville along with a restating due to gold price increase. As Tony Makuch pointed out recently, kla is almost immune to lifts or slips in the gold price, it’s one benefit of having a close to 90% profit margin over COP. People think I have been hyping the Vic Gold resurgence, maybe true but have a look at the events unfolding. I think I was in front of the events but it’s a once in a life time set of circumstances. GLTA
KLA Price at posting:
$40.15 Sentiment: Buy Disclosure: Held
