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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Post by chuck8on Oct 13, 2017 7:32pm
233 Views
Post# 26812533

Future Novo ownership?

Future Novo ownership?Will KL buy out NVO or will others challenge this. The key insiders have a lot of shares. Fully diluted (future warrants, etc) NVO will have 196M shares so says their website. With future warrants KL will have 39.8M shares, ES will have 14.0M, Quinton 3.0M. So, 56.8M shares among that small group which equates to about 30% of Novo fully diluted, so far. As a trading block it would be hard to see how some other entity could take control. 
Bullboard Posts