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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

Comment by Lemboyon Oct 13, 2020 9:59pm
176 Views
Post# 31711949

RE:RE:RE:RE:RE:RE:Potential growth in 2023

RE:RE:RE:RE:RE:RE:Potential growth in 2023
PulpCutter wrote:

Nonsense.  Shaft #4 completion is 2022, not 2020.

Try going beyond just looking at presentations, and read the quarterly MD&As.  But if you insist on just looking at the pictures, the latest presentation (BMO Feb 23, and now the default presentation on the KL website) has 2022 as the completion date, on slide 27.  Your "America's Gold Sept 2020" presentation is old, and it has a typo.

More to the point, if you bothered to learn the details on the investment you tout so heavily, you'd have noticed shaft #4 is currently down to 3300', and needs to get to 6400'.  Guess what?  KL is not going to open up a kilometer of shaft in 10 weeks.  Use your head.

Further, bossu, you assertion in another post that FVille will run 580-600k/year in 2023 is found precisely nowhere in KL future guidance, 43-101s, or MD&As.  KL's forward guidance on FVille ends in 2022.  That's precisely why "Mr Market cannot see the huge potential" and why the share price is damped.  If Swan (whose rich ore allows the 580-600k production) continued forever, yes, your 'analysis' would have merit, and KL's price would be higher.  You can verify what I claim by READING the latest FVille 43-101 reserve/resource statement; or you can remain ignorant and keep losing money by just looking that the pictures...

You're welcome.

Thanks for the correction PulpCutter you are right, information on the last 2 corporate presentations has a typo, the first phase of the project is scheduled for completion at the end second quarter of 2022, my apology for misleading information in my previous post, mea copa
 



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