Kirkland Lake Gold Ltd. T.KL

KL getting dumped with gold head higher and great Q

[mouserman]

Hard to figure the thinking on selling KL here today. Increased dividend, sitting on huge cash hoard, and had record cash flow.
 Great exploration results  and a high  likelyhood of increased resources and reserves .
All points to much higher share price here, and maybe even more dividend increases and share buybacks.

[BSdetector2016]

Probably the same long-term investor thinking thats going back into pot stocks. Speculation is not investing. 

[SKRiderFan]

From some writers the problem is the Swan resource is depleting and KL can't find the same grade. Well nobody else is either, KL still has a good aisc one of the best in the sector

[DudeRancher1953]

I think the depletion issue is by far the most important thing holding the share price down. We just may have to go sideways for some time until new drilling test results turn into real financial results as I hope they will.

[AlfredNeuman]

This post has been removed in accordance with Community Policy

[R_J_]

- As RJ has always said, clearly selling our gold, using MPG’s favorite word, is retarded. - “I think the depletion issue is by far the most important thing holding the share price down.” ~ DudeRancher1953 - Obviously, and clearly, if we did the rational thing and never sold our gold, this could not be a problem. - For example, gold is now US$372 per ounce more than it was at the start of the year

[peep2]

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> (1) If KL is no longer telling the world how much gold they have there is no reason to sell more of it. That might be indicated at swan by always pulling more rabbits of gold oz out of the hat when needed to extend not gold at lesser grade but the same