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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 Goldbug52on Dec 07, 2020 9:18am
188 Views
Post# 32048421

RE:RE:RE:RE:Seems strange

RE:RE:RE:RE:Seems strange
prouditalian wrote: 77 mil shares aint free! They are buying back a small percentage of those for real cash. Dilution 101.


   In less than a year KL has bought back about 20% of the shares they issued for the purchase of Detour! I'd hardly call that a small percentage :-))! Seems you're back to bashing!
   If KL keeps buying back at this rate they'll have eliminated all the shares they'd issued in about four years and then it's all gravy!

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