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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 bob828on Oct 13, 2016 12:28pm
241 Views
Post# 25339747

Casey Research Comments

Casey Research Comments"These are great production numbers from Kirkland Lake, and we’re happy to hear of higher operating efficiencies achieved. Now we just have to see how these translate to the bottom line. We’re optimistic given that this was another quarter of record production with the gold output having more than doubled compared to a year ago. This was accompanied by stable (or lower when compared on a quarter-over-quarter basis) all-in sustaining costs (AISC), and higher gold price last quarter. More importantly, having already produced 207,886 ounces, Kirkland is firmly on track towards achieving its guidance of 270-290 Koz for all of 2016. We’re pleased with the company making great progress".
Bullboard Posts