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Kirkland Lake Discoveries Corp KLKLF


Primary Symbol: V.KLDC

Kirkland Lake Discoveries Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. It has a prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt. Its properties assembled include the Lucky Strike Property, Arnold Property, KL Central (KLC), Goodfish-Kirana and the optioned KL West (KLW) Properties. Its land position comprises approximately 38,000 hectares (ha), over 1,338 claims, and 29 patented claims. The Arnold Property comprises 28 claims covering a total area of 1,225 ha. The Lucky Strike Project is located immediately to the east of the Company’s Goodfish-Kirana Project, in Kirkland Lake, Ontario, and consists of 644 unpatented mining claims covering approximately 11,506 ha (116 square kilometers). The KLW land package comprises 107 mining claims. The KLC land package comprises eight mining claims for an aggregate of 115 claims.


TSXV:KLDC - Post by User

Post by indoubtgetouton Jun 30, 2020 2:31pm
147 Views
Post# 31209113

Good Flow Through Tax Shelter

Good Flow Through Tax ShelterBut that is about it.  If you can get flow through shares like the recent issue with warrants its a great deal!!  Your cost is zero for only a hold period of 4 months.    Sell your flow through shares at the same price you paid and your pretax return is 80% plus you have the warrants for free.   If you can't get flow through then pretty much stay away....the market maker will take all your profits.   What you see today is likely warrant conversions......anyway, trades like a dog and if you are not an insider you will likely lose out. 
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