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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
Comment by Nomad3on Jan 13, 2018 9:43am
203 Views
Post# 27348778

RE:RE:$30 in the gold price is about $20M in pure profit for KL

RE:RE:$30 in the gold price is about $20M in pure profit for KL
vestor111 wrote: That is additional pure profits - of course.


That  20 million in additional profit translates into .10 a share x 30 P/E should result in a 3 dollar/share rise. 

In other words, every 10 dollar rise in gold should translate into $1 /share from a valuation perspective.

1350 gold should bring us 25 a share
1400 gold should bring us 30 a share
Bullboard Posts