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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

Post by Goldbug52on Nov 04, 2020 4:28pm
266 Views
Post# 31837168

Better be better than $1 per share !!

Better be better than $1 per share !!Two mid-tier companies, Torex Gold and Centerra Gold reported their 3rd qtrs and both reported around $0.70 EPS. They are substantially cheaper than KL. Centerra paid off the last of their debt and are now debt free just like KL. Torex produced 133 K and Centerra 241K, so not that much less than KL! No one can state that they are insignificant players in comparison to KL.
   Centerra is priced at only $12.90 and has a similar share structure as KL. The fact that a couple of their mines are in Turkey can't possibly make them $50 per share cheaper than KL! Torex is priced at $19.60 but has a third of KL's shares outstanding, so also substantially underpriced as to KL.
   Makes me wonder about my investment in KL.
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