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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 JRafflesUKon Oct 23, 2018 2:15pm
115 Views
Post# 28858220

7 days to Q3 financials

7 days to Q3 financialsThe gold ounce cash costs will be favourably impacted by all of the following:-
  1. The highest quarterly volume of ounces produced.
  2. The introduction of a gravity circuit at Fosterville.
  3. The high grade contribution from the Swan Zone.
The cost reduction in Q3 should be an indication that this could accelerate in Q4.

Since these banefits are long term profit drivers, then the lower POG in Q3 may be regarded as history by major institutional investors, seeking earnings groeth.

Bullboard Posts