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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 Feb 09, 2022 3:07pm
345 Views
Post# 34413805

Decent Results.......Market Cap Not Even $6 Million?

Decent Results.......Market Cap Not Even $6 Million?Certainly a positive spin in the latest assays by the CEO but doesn't go far for any market action today.  At the end of the interview it seems WAR is open to a partner in the near future with the extensive land holdings but has there been enough shown to date to draw in a major?  From the share price it would seem to be a virtual no go, there is always a ready supply of sellers.  

The next process seems to drill to depth which costs $.  Makes one wonder if WAR can go to market for more funds, we may be headed to more of an inflated float?  

It has been excruciating being a long term WAR shareholder...........are better stock values ahead?  
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