RE:RE:RE:Now that the chairman has stepped down Pulpcutter wrote:
So, not so sure we're undervalued. Even if FVille doesn't find a SZ repeat, Macassa is starting to become what FoxPoint dreamed about in 2002 - a monster.
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SMC intersected 250 m west of current Mineral Resource
° Key intercepts: 4,772.2 g/t over 2.0 m core length (Unidentified HW Zone),
436.9 g/t over 2.8 m core length (Unidentified HW Zone), and
436.9 g/t over 2.8 m core length (New South Zone)
158.0 g/t over 2.4 m true width (Lower SMC)
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High-grade intersections expand Lower SMC to east and to depth
° Key intercepts: 2,458.6 g/t over 1.8 m true width (Lower SMC)
523.1 g/t over 2.0 m core length (Lower SMC), and
20.0 g/t over 3.8 m true width (Lower SMC)
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New drilling, reinterpretation of historic holes, identifies two new areas of high-grade mineralization on Amalgamated Break
° Key intercepts: 429.1 g/t over 2.7 m true width (New drilling) (Amalgamated East),
164.8 g/t over 2.1 m true width (New drilling) (Amalgamated East), and
26.7 g/t over 1.2 m true width (New drilling) (Amalgamated East)
827.9 g/t over 2.0 m core length (Reinterpretation) (Amalgamated West),
360.9 g/t over 2.0 m core length (Reinterpretation) (Amalgamated West),
333.8 g/t over 2.0 m core length (Reinterpretation) (Amalgamated West).
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Excellent rebuttal. I'm not expecting Carbide to provide a sensible counter to your opinion though it is easier to just make unsubstanstiated statements.
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Regarding Fosterville exploration as we haven't heard any new reports recently it might be they haven't found anything big yet but scince the whole area was so historically prolific I expect they will find plenty of ore to keep mining after 2022 and still lots of potential for more great discoveries while they continue to mine at Macassa. I would say this Kirkland Lake Mining despite its price rise the last few years is not overvalued at all but is still greatly undervalued. If gold prices rise the stock price could go ballistic with all the $$$ coming in.