RE:Could not be better recommendation !Agree 100% with your & TD's assessment of KL's fundamentals...with the glaring exception that the Chair of the Board has what appears to me to be a gambling addiction. Betting a full quarter's profits on a poorly understood, sparsely investigated (if that?) boondoggle; then betting more as it went south on you. That's fine to do with your own money, or with a hedge fund who's prospectus states high-risk gambles are the goal, but it is NOT compatible with a disciplined, responsibly run $5B market cap mining company.
bossu wrote: TD Investment Conclusion We are maintaining our BUY recommendation and C$37.00 target price. In our view, Kirkland should trade at a premium multiple, given its exploration upside, expected production and reserve growth, industry-wide low costs, favourable jurisdictions, and strong balance sheet
Gold price at $ 1234 and + 19 ,00 today going to $ 1300 at the end of the year will move the share price at an alltime high !
My conclusion :Be PATIENT !