Kirkland Lake Gold Ltd. T.KL

I love the discipline of the KL shareholders today!

[Goldbug52]

With the imminent production report, no one is selling. Volumes on both the TSX and NYSE are downright miniscule! It seems everyone knows a good report is coming.
   All you have to do to see what is in store is look at Yamana's share price after their production and dividend raise today; 5% + move up! 
   Apropos the dividend increase. We need to see one! There has been much discussion previously on this board about the virtues of a divi raise versus stock buy-backs. Just think about it! Would you rather have $0.50 per share dividend in your pocket quarterly for two years straight or have KL buy back 20 million shares equating to maybe 5 or 6 cents extra profit per qtr? I don't think any individual or institution would care if KL's profit was $0.75 or $0.80, but everyone would love to see 2 bucks per year in their pocket from holding shares!
   I got that $2 per share, for two years, from the amount KL had to spend on a share buy-backs of 20 million!

[7Pence]

$.06 x 4 qtrs  x 16 multiple = 3.84$ on the stock price. And those shares are cancelled forever. Way better off with the share buyback. But thats just me. 7

[Tangoguy]

The market has been giving those gold companies that increased their dividends better performance. Big institutions love dividend increases.

[7Pence]

This is true. Not everyone knows how to count. 7

[JRafflesUK]

The market has been giving those gold companies that increased their dividends better performance. Big institutions love dividend increases. True ..... but KL is in a position to increase both dividends and share buy backs. As a miner Makuch may see the logic in earmarking $100m for a JV of another companies property, but if that $100m was used as an increased dividend, then the SP increase may

[ButterBalls]

KL has tied up 75% of mkr's properties of interest at a short term cost of $1.5m, and depending on results as time progresses, further expenidtures to earn 75% go into the ground and not into mkr shareholders pockets. A fine way to control ground on the cheap. Old Butter Balls

[Whistler1122]

when do you expect the production report? I got KL in the 70s and not like will break even in the short term. fortunately i loadup on YRI yesterday to kind of even with KL. 

[7Pence]

  Kirkland Lake produces 248,4000 ounces of gold in Q3   2019-10-09 10:08 ET - News Release   Mr. Anthony Makuch report