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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 montybissetton Mar 10, 2020 11:00pm
255 Views
Post# 30791505

I realize

I realizeShare price has not went well this last few months. Now exacerbated by this serious health scare. Your new nieghbor Bar is a sitting duck. Biased Bar shl. How can KL shl sit by and swallow Detour for 5 billion and watch a company with huge potential get picked up next door right under their nose. If you do a deep dive on Bar you will see a terrible managed company with huge potential and incredible dirt and a vast land package. The kind of companies mgt should be looking for and especially next door. I realize the whole thing is a bit incestuous with KL an investor and ES involved in all 3. The way this is looking WM could possibly end up with as many ounces and way better grade than KL in the Abitibi for a fraction of what KL spent. If you deduct 1.5 billion for a mine and say 3.5 billion Ca for gold spent by KL. WM spent 4 million fleecing Bar first time on Fenelon and supposed another 100 million on the 2nd fleecing. 104 million compared to 3.5 billion. Please forgive me these arent exact figures but close enough to see the glaring comparison. I think it is fair to say Bar only has a re of 650,000 ounces. Take the time to study how those ounces were accumulated and how much drilling and money spent, just at Mart and at what cost. Bar mgt was in the wandering business and not the focusing business. They drilled successfully all over the huge land package. They did actually focus for a short period of time on nickel and at one time recently had 1.5 billion of high grade # 1 EV nickel. They were doing that focus job in the middle of a meltdown in nickel price with skyrocketing nickel inventories. They again focused for even less time at Mart. Then just to top that off put out a mre on nickel @ Grasset right in the middle of a huge bull run 2016 in gold stocks. A little over year ago told shl it was becoming a nickel company again for 2nd time. Just before nickel fell out of bed again. Most all the holes drilled all over the huge land package hit pay dirt and just about all shallow with double the grade of shallow holes at Detour. That gold and land package worth far more to KL shl than anybody else by a mile. Again biased as major shl in Bar. What KL is picking up in exchange on Aussie ounces is incredible but Ca dollars not far behind. Closing in on 2,200 Ca and just the pittance recorded of 650,000 and if you can pick up a 1,000 Ca an ounce that isnt chump change and will pay nicely to prove up a few million more ounces as we all know grade is deep in the Abitibi. Our small resource estimate shows a jump of well over 100% in grade deeper. There is even gold at Grasset in the nickel patch. KL has the opportunity to increase volume at your mill. Im not looking for a cash offer. Wouol be happy with KL shares and deal sweetened and keeping out nickel as that fits much better with WM. We have enough in the bank to drill out Grass and sit on it for a coupe years till EV market starts to really sing. I realize 50.00 is a lot better than 30.00, but get your foot back on the gas and pick up huge potential for a song. 

GLTA
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