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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 MandalorianFetton May 30, 2020 12:41pm
169 Views
Post# 31091901

RE:RE:RE:RE:RE:RE:RE:added another 1000 at 51.86

RE:RE:RE:RE:RE:RE:RE:added another 1000 at 51.86

JRafflesUK wrote: BMO's new report pegs 2022 end of year cash balance of over $ 3 BILLION, and this stock trades at 14-15 PE, right now.

If the KL BOD's are at a loss as to what to do with the cash which is overwhelming them, perhaps they ought to consider holding, say,  50% as gold bullion, rather than leave it as a creditor in banks, which are reportedly all insolvent?

Read it. Its not worth the ink. A 30 yr old know nothing pbly. No talk of swan or dgc cap ex. These analyst reports should be taken with a grain of salt. 


Fetts

Bullboard Posts