Reasons to choose KLHi all. I've got some investment in gold through a Sprott trust and some Kinross. Looking to expand. I'm not the most informed in this area, but KL is in the top choices given preliminary research. Perhaps naive, but I like the focus on Canada and Australia. That being said, coming here and checking out recent news releases is a little off-putting. Totally dominated by class action releases which I understand best from this article.
https://www.mining-journal.com/gold-and-silver-news/news/1389970/kirkland-lake-faces-detour-gold-class-action-suit Any thoughts on what the exposure is here? I imagine it is somewhat priced in - which could actually be considered a benefit if they successfully defended. Probably also some downside if they lost.
In any case, anyone care to share their thoughts on how KL stacks up against other senior producers?
Lastly, just came across this that I had not seen posted. It's new. More bad news, more for the individual and those close to them than the company. I doubt it would change the business further. Our local McDonald's and TD bank had individuals test positive, recently and early, and both were operating the next day. It's the new reality and not a surprise.
https://www.timminstoday.com/coronavirus-covid-19-local-news/detour-lake-worker-tests-positive-for-covid-19-2619502
All the best.