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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

Post by Goldbug52on Aug 26, 2020 11:40am
274 Views
Post# 31455607

Laura!!

Laura!! I think that the hurricane about to hit the US gulf coast will likely cause huge damage to the Houston area, as, if you recall, Hurricane Harvey did! This will cause billions of dollars in damages and impact the oil industry in that area! A Cat4 storm is nothing to sneeze at when it targets a major city! This may require billions more from the Fed to repair the economy there, as if what they've already printed is not enough. Anyway that's part of my theory of why gold price is moving up today even in the face of US 10 year going up!
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