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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 westcoast2019on Mar 14, 2020 12:12am
99 Views
Post# 30807021

RE:Fake news from Adam Hamilton

RE:Fake news from Adam Hamilton

Further to the Adam Hamilton article his table lists Q4 production level shows Kl with 280k oz which is accurate 279,742 rounded off but he says this is 28% less YOY.

Kl had production of 231,217 oz in 2018. So that is an increase of 21% .

He probably is trying to use the combined KL production for q4 2018 and Detour production for q4 2018 compared to 2019 production levels of Kl alone as full quarter of Detour has not been released.

Detour's 2018 q4 production was 158,200 oz so combined production of Kl/DGC q4 2018 was

158,200 from DGC and 231,217 from KL = 389,417 oz.

In that case there is a 28% reduction in ore produced because none of the Detour production was included in the calculation.


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