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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

Comment by indoubtgetouton Sep 30, 2020 10:29pm
134 Views
Post# 31646867

RE:RE:RE:RE:RE:RE:Warrant Extension

RE:RE:RE:RE:RE:RE:Warrant ExtensionGood question.  First, I own over 2% of the fully diluted outstanding common stock.  Second, been in this one for a few months now.   Missed the last flow through raise which I would have liked to participate in - you get that fantastic tax deduction and those juicy warrants.  Third, WAR, a company cobbled together as it should be, is stronger together with its properites combined than not.   Finally, it is a no brainer that either KL or AEM should buy WAR out.  IN FACT, I REALLY DON'T KNOW WHY THEY HAVE NOT DONE SO ALREADY???  Gee whiz, if they offered 50 cents a share, that would be $50 million, a spit in the bucket!!!   They could even jointly buyout WAR and split the property.  Again, it really does not make sense that they have not done it already???   That said, there still needs to be proper corporate governance and fair treatment of exisiting shareholders!!!   Maybe a deal is already done - management and the promoters maybe just trying to tidy up their share ownership before the offer is made.......
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