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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. > KL and it's cash hoard!
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Post by Goldbug52 on Nov 09, 2020 8:28am

KL and it's cash hoard!

Those US$ they have in the treasury are depreciating quickly! KL is Canadian based so in terms of the CDN$ they've lost about 5% in their bankroll or over $40 million CDN$ !!
   I hold a US$ trading account and it pains me to see the CDN$ amount dropping on a daily basis because of the weakness of the US$ (I'm a Cdn citizen)!
   I thought a weak US dollar was supposed to be good for gold!! MPG, cue that parrot :-)) !!
Comment by DeathByRabbit on Nov 09, 2020 9:53am
This post has been removed in accordance with Community Policy
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