Kirkland Lake Gold Ltd. T.KL

What now ?

[TheWolff]

Kl already announced their cash position effective til  Q3,  848 millions, with no debt  and are set to meet guidance for the rest of the year 1.350 - 1.400 mill, thanks to Fosterville increased production, raised dividend (appears low), news release great exploration results at Macassa, and we still trading under 50 usd, what other catalysts are there for more SP appreciation, or we just depend  on the PoG  ?,  What is KL going to do with all that cash ?, This underperformance last couple of days , Is Sprott selling ?, Is the buyback program still in place ?, Anybody , thanks

[SkyeCairns]

Price action makes no sense as Q3 production is known, no debt, increase in divs etc.  All I can think of is market worried Tony will buy something sub par for big bucks.  Time will tell. 

[Goldbug52]

I suspect this also! Why hold a depreciating asset, the US$, when you can buy something which can help your bottom line. Problem is that the market generally punishes the aquirer, which may explain the falling share price! People getting out before that happens (they remember the effects of the Detour aquisition, large drop in share price and forget the huge positive of the move). Oh, the down

[RevT79]

Haha!! you guys are saying that if Kl was to have 300 million in debts that the share price would be at 70$plus ..... that is One crazy world we live in!!

[TheWolff]

So KL is too perfect, we need leverage, Tony, buy Pretium resources PVG , offer whatever , who cares , but first let me out , I will buy after the slaughter, :-))

[prouditalian]

how about a special 1-2 dollars US a share dividend?  I love KL but the dividend they pay is a joke. My Polymetal is paying nearly 4% dividend.

[RevT79]

Kl should buy pure gold ! they are just about to pour there first gold bar!