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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

Comment by WhatsBestNexton Mar 07, 2021 2:34pm
85 Views
Post# 32739345

RE:RE:RE:Opportunities in NE Ontario

RE:RE:RE:Opportunities in NE OntarioThanks for your thoughts, bossu and lemboy. Good to hear these perspectives to show just how bad LSG has been for PAAS.

But that being said, I wonder if the poor numbers coming out of LSG are due to poor management. Evidently PAAS doesn't have the time or interest to invest in explorations of LSG considering their other assets. Like the numbers also show, the issue could also be with the geography itself and not management. My suggestion for LSG as target for KL tended towards the former. Also, the Bell Creek Mill infrastructure might be appealing for KL to have, even if the value of the LSG mines themselves aren't superb, compared to what NGT properties offer, when we consider the likelihood of the amounts of gold KL will be mining in the area in the coming years.

Maybe one of you can speak to this: what were KL's financials like when LSG was on the block previously? Perhaps it just didn't make sense for KL at the time, but going forward it might be, especially with the impressive financials currently for KL.

Just a thought. Appreciate the dialogue, folks!
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