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Bullboard - Stock Discussion Forum 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... see more

TSX:KL - Post Discussion

Kirkland Lake Gold Ltd. > Tremendous manipulation in US pre-market!!
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Post by Goldbug52 on Oct 13, 2020 8:33am

Tremendous manipulation in US pre-market!!

Bought at the ask of $51.75 US, 20 minutes ago! On TD Waterhouse the ask hasn't changed from $55 US but looking at CNBC quotes the price has dropped down to $51.39, or no change from yesterday's close. The crooks on Wall St. know no limits in trying to cheat investors!!
Comment by prouditalian on Oct 13, 2020 8:40am
Goldbug, gold price is slightly dowm and KL went up 6% on Friday going into these #s. Its called buy the rumour and sell the news. Trading 101
Comment by Goldbug52 on Oct 13, 2020 8:49am
My question was why was the price dropped while the ask never changed from $55 US. Clarify that for me if you would! Thanks in advance :-)) !
Comment by prouditalian on Oct 13, 2020 8:55am
Goldbug, premarket in general means absolutely nothing as does the first hour of trading. The last hour of trading is the key. IMO, we have seen the high of the year for gold prices as well as all miners including KL. These productions #s are good and the div raise is nice, but sector wide we shold see lower prices at some point this year with the election turmoil. Just my opinion, and I am ...more  
Comment by Harmoniica on Oct 13, 2020 9:14am
Premarkets mean zero until 9:27 am est. H