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Kirkland Lake Gold Ltd. 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 dogwagon Nov 19, 2016 5:00am
327 Views
Post# 25484257

After deal is done!!

After deal is done!!
I would not be surprised if Klg sold off the other 2 mines in Aussie after the deal closes if they see there will not be a chance of them being very profitable going forward . Lets face it FOSTERVILLE mine is the mine they are doing this deal for. They are very profitable but get the other two with this deal. Once Fosterville get into this high grade area they will perform at AISC under $700.00 or $750.00 per ounce and for years to come. Tony may not be shareholder friendly at times but knows how to maximise a mines value!!
Bullboard Posts