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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

Comment by bossuon Mar 28, 2021 11:22am
194 Views
Post# 32894775

RE:Bossu, what do you think of Tony's error in judgement

RE:Bossu, what do you think of Tony's error in judgementAbout Moriaarty:
«

BIOGRAPHY

Bob Moriarty was a Marine F-4B pilot at the age of twenty and a veteran of over 820 missions in Viet Nam. Becoming a Captain in the Marines at 22, he was one of the most highly decorated pilots in the war. He went on to ferry General Aviation aircraft all over the world for 15 years with over 240 over the water deliveries. He holds 14 International Aviation records including Lindbergh's record for time between New York to Paris in two different categories.

In 1996 he began an online computer business on the internet with his wife Barbara becoming one of the early adopters of the internet. Convinced gold/silver were at a bottom in 2001, Bob and Barbara started one of the first websites devoted to teaching readers what they need to know about investing in resource stocks. Bob and Barb now operate two resource sites, 321Gold.com and 321Energy.com where up to 100,000 people a day visit. Bob travels to dozens of mining projects a year and then writes about them.»


St Andrews acquisition and the 20 % ESKAY interest in the deal at almost no cost for Kirland  Gold  with the obligation to pay 20 % of the exploration cost.
Quite strange not to have kept this promising holding in the Golden Trianglet but Eskay has been tradin at around 0,20 or less for more than 10 years and now moving up because of interesting intersertion....and promotion by a new developper.
I d'ont call it an error of judgement and the ''potential''development of Eskay, if ever, could take 10 or more years.
Tony is a rational and realistict.I have been following him at the time of Lake Shore
from the mill construction throught the sale at a HUGE overprice and pretty sure Eric Sprott have made a big profit in the deal .Same thing for the Crocodile/Newmarket acquisition: Tony was involved for sure and at this time ERIC and TONY were ''sleeping'' togetter.

And what about the the Detour acquisition : another great acquisition.

What about development at Macassa Complex under Tony's managment and decision to built  a ''state of the art ''new shaft to 6400 feet to increase gold production at up to 425 000 oz/year.
and the development of the orebody with very good grade.

Finally has he not received a super Award last year or so ,

In summary cannot even mention an error in Judgment from this ''TOP Operator.''
Now let's see what he is going to do with the US $ 1 B in the bank.
This is what is important now .By the way ,I d'ont think Tony might be looking at Marathon Gold as Seeking Alpha is suggesting.




peep2 wrote: At least it looks like it.

I guess no one is perfect.

https://www.321gold.com/editorials/moriarty/moriarty032621.html




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