start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

I say things on Twitter


Turd + Turd = Large Turd

A more polite corner of cyberspace might go for "two wrongs don't make a right", but where's the fun in that? Anway, can you see the moment when Alio Gold (ALO) made the transformative decision to buy Rye Patch Gold (RPM.v)?

If you said March 19th, award yourself a gold star. Meanwhile, ALO is 50% down 2018 YTD and 15% down since the deal was announced. But to be fair, Rye Patch is only 40% 2018 YTD so ALO shareholders are probably getting value. Right?