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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
Comment by SKRiderFanon Jan 27, 2020 12:30pm
78 Views
Post# 30603965

RE:RE:RE:why are we down?

RE:RE:RE:why are we down?
fishcarrier wrote:
bogfit wrote:  
It's simple!  Folks take profits on winners, and goldminers have been winners recently.  Take a look at 2007-2008 GLD outperformed HUI by 40%!  Don’t make the mistake thinking that a stock market crash won’t hurt miner stock, it will.
 
b.

 

I would say Sprott is holding this down as he is sellng KL and going on a buying spree picking up jrs which can triple. Another reason is that Mr. Market does not like uncertantity. When DGC was announced I thought of it as strange because KL was an underground and DGC was a surface miner, unless Tony seen something in the drill results that was out of reach of a surface miner (just guess). After looking at DGC past presentions there is room for improvements.
Good luck all tomorrow
SKR
Yes, but KL hasn't been a winner for quite a few weeks now. Almost seems like someone's holding it down. Maybe that will change after tomorrow's vote? Will that be a catalyst for the stock to rise? 


Bullboard Posts