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Kirkland Lake Discoveries Corp V.KLDC

Alternate Symbol(s):  KLKLF

Kirkland Lake Discoveries Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. It has a prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt. Its properties assembled include the Lucky Strike Property, Arnold Property, KL Central (KLC), Goodfish-Kirana and the optioned KL West (KLW) Properties. Its land position comprises approximately 38,000 hectares (ha), over 1,338 claims, and 29 patented claims. The Arnold Property comprises 28 claims covering a total area of 1,225 ha. The Lucky Strike Project is located immediately to the east of the Company’s Goodfish-Kirana Project, in Kirkland Lake, Ontario, and consists of 644 unpatented mining claims covering approximately 11,506 ha (116 square kilometers). The KLW land package comprises 107 mining claims. The KLC land package comprises eight mining claims for an aggregate of 115 claims.


TSXV:KLDC - Post by User

Post by hedgeron Jan 22, 2021 12:04pm
224 Views
Post# 32359775

Waves Of Selling.......WAR.....

Waves Of Selling.......WAR.....Again reiterate there is just too many shares O/S.....117 million fully diluted.  With this continual dump there seems no way for the stock price to move from the .09-.10 level with any substance.  It is going to take some excellent drill results to see any major price move in the next months.  With 9% insider shares there leaves a lot "out there".  

There was obviously a lack of enthusiam in the last financing for this project so would hope management is vigilant on funds spent, did we need a corporate development officer?  We need every dollar to go for drilling at this point or we will be financing next at .05?  
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