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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 BSdetector2016on Sep 29, 2021 7:08pm
290 Views
Post# 33941415

RE:Synergy saving in the combination...

RE:Synergy saving in the combination...The usual BS when people gush about mergers. Yes there will be savings but we won't see them for years and who knows where gold will be then. Costs will increase short-term as well as HR gets busy handing out packages. Maybe they'll chop and monetise a few higher cost mines along the way.

Kirkland had the horsepower to grow by itself. I never thought Tony's KL would want to become a behemoth via a merger with a higher AISC company like Agnico.

I'm not sure how much staying power KL's faithful will have while waiting for the new Agnico golden rainbow; it could be years away before anything positive happens.

Fingers crossed that someone else will step up to the plate and save the day.


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