RE:RE:A nightmare for TONY Earnings = gushing cash cow, through at least end of 2022, based on 43-101 compliant reserves. KL has potential to royally burn shorting algorithms.
Beyond Swan, anyone anxious might want to read through the 2002-2005 Foxpoint/KL docs (avail on SEDAR) describing the known mineralization under the 5 mines of Kirkland Lake township. Macassa, or whatever one wants to call KLGold's operations in Kirkland Lake township, is just getting started. Lakeshore mine and Wright-Hargreaves were running ~0.60-0.75 ounce/ton head grade, when shut down in the early 1960s, and that ore was known to continue at least another 800 meters down (which was as far as they's drilled). Then add in the new ore on the shallower +/- 20-degree dipping bridge between the Main & Amalgamated Breaks, aka "SMC" for that portion of the bridge that's on the Macassa claim.