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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
Comment by radarx2on Feb 21, 2020 6:52pm
114 Views
Post# 30719868

RE:Why detour?

RE:Why detour?
The easy gold is on top, why go underground when you can make easy money. Yes, eventually they will go underground. But not for a very long time.
25 years life, then once thats done they drill the bottom of the pit and say, Oh, I guess the gold came from deep down! lets stick a shaft in.

KL area has many open pits, it was also going to accept all of Toronto's garabage years ago and soon Toronto's open pit garbage pit in London, Ont will be full and that option might come back to life.
Bullboard Posts