Kirkland Lake Gold Ltd. T.KGI

Primary Symbol: T.KL

Metals & Mining Gold

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

Kirkland Lake Gold Ltd. > To add some spice to Detour acquisition

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Comment by bossuon Apr 20, 2020 9:17pm

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Post# 30932374

RE:To add some spice to Detour acquisition

bossu wrote: In my former message where I show a potential
AISC of $ 712 /oz and taking into account the actual Gold price at $ 1712 /oz mean that the Detour acquisition that should be able to produce a minimum of 600 000/year and a contribution of $ 1000 /ounce produced .

On a yearly basis is it not 600 000 x $ 1000=
$ 600 000 000 to KL cashflow in 2020/2021

Outstanding acquisition by TONY the Great and Mr Market should recognized soon the true value of this acquisition.
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Just forgot to say that production from Macassa /Fosterville and Holt Complex might be 950 000 oz in 2020/2019 for 950 000 oz X $ 1000 /oz or $ 950 M
So 66 % casflow from Macassa/Fosterville and 34 % from Detour acquisition.
It shows that Detour acquisition is outstanding and assure a steady production and casflow for a minimum of 15 years going forward.

100% sure this is what Tony was thinking when he made the deal !