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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 R_J_on Nov 07, 2020 2:09am
159 Views
Post# 31856849

RE:RE:RE:RE:RE:KL getting dumped with gold head higher and great Q

RE:RE:RE:RE:RE:KL getting dumped with gold head higher and great Q
AlfredNeuman wrote:
DudeRancher1953 wrote: I think the depletion issue is by far the most important thing holding the share price down.
We just may have to go sideways for some time until new drilling test results turn into real financial results as I hope they will.

No no no and no. Yahoo finance enter kl/ full screen/ comparison chart 6 months with abx, wpm, fnv, nem simultaneously and what do you see?

There is your answer.


Neuman

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As RJ has always said, clearly selling our gold, using MPG’s favorite word, is retarded.
-
“I think the depletion issue is by far the most important thing holding the share price down.”
~ DudeRancher1953
-
Obviously, and clearly, if we did the rational thing and never sold our gold, this could not be a problem.
-
For example, gold is now US$372 per ounce more than it was at the start of the year.
So by selling our 1,000,000 ounces at that price, instead of waiting, we just, obviously and clearly,  flushed US$372 Million down the toilet.
What could possibly be more retarded than that?
-
RJ

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