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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

Post by Shermandrock1on Oct 16, 2021 3:57pm
252 Views
Post# 34013829

Low POG prices could derail this deal

Low POG prices could derail this dealHypothetically, if the POG were to continue to drift downward to the point where the AEM adjusted price of KL were $35 per share, that sure would require the institutional folks to assess the longer-run prospects and to take a hard look at supporting the POC deal, sham and otherwise giveaway of valuable corporate assets. It is difficult for me to wish that on any investor in the gold space. However, to the extent that a temporary downdraft of the POG can result in considerable future benefits, I'm in. Realistically though, the likelihood of that happening is likely nil. However, with the Brandon administration ruining all that it touches, never say never, eh Brandon?
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