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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. > Bet you KL is buying back today
View:
Post by prouditalian on Nov 19, 2020 9:45am

Bet you KL is buying back today

My guess why we are up is them buying back shares...lets see
Comment by bossu on Nov 19, 2020 10:30am
Tony has read my advice .Buy 4,5 % more to get 10% and stabilize the down trend ! That was the idea.
Comment by prouditalian on Nov 19, 2020 10:53am
yea, Tony reads stockhouse !!! lol Im only guessing they are buying today...we will soon know.
Comment by BSdetector2016 on Nov 19, 2020 11:13am
Looks like technical buying to me. Oversold = Load-up.
Comment by prouditalian on Nov 19, 2020 11:40am
disagree...all technicals pointing to SELL
Comment by RevT79 on Nov 19, 2020 12:48pm
Lol technicals.... is there such a thing with kl? wouldn't the technicals tells you that this stock is way underpriced? nothing make sense these days.
Comment by goldstd69 on Nov 19, 2020 1:00pm
i am puzzled at this morning...gold has a rally and most other gold stocks also rally but KL lingers or even falls more....not sure what is going on...but wayyyy oversold yet I thought that a week ago....lol.....I think when we get a move up on this stock it will be sharp....guess I should be thankful I am able to buy this stock so cheap...
Comment by RevT79 on Nov 19, 2020 1:05pm
Yup!! that's what I tough when I bought at 58.50 last Friday...... what a bargain!!! lol
Comment by Whistler1122 on Nov 19, 2020 1:17pm
KL is slowly becomes garbage. It's in the red everyday no matter how the market or Gold are doing. Total Garbage! 
Comment by JRafflesUK on Nov 19, 2020 1:26pm
KL is slowly becomes garbage. It's in the red everyday no matter how the market or Gold are doing. Total Garbage! What I would like to hear is why KL is being treated as garbage ..... and also what plans the board have of addressing the lack of confidence in their stewardship?
Comment by RevT79 on Nov 19, 2020 1:34pm
Anybody as the shorts report on kl?
Comment by goldstd69 on Nov 19, 2020 2:12pm
something smells...and its not me...KL can't get a bid lately...hopefully just a correction...hate to use the word 'manipulation' but the daily selling and breaking numerous support levels makes me wonder if it more than rebalancing or algorithms....hmmmm
Comment by Terek8 on Nov 19, 2020 2:26pm
IBD use to pump this bigtime two yeARS ago thats what moves stocks is hype and theme 
Comment by bossu on Nov 19, 2020 2:56pm
I have been holding /selling KL as far as 2014 when it was trading at $ 4. I made a lot of money when it was trading at $ 20 to $ 25 but I sold out all I had . I bough back a small position (hopefully) because I thought that KL was heading to $ 80  Actually I'm in a loosing position but I still beleive that at one point the share price will reverse its downward slide . It is obvious that ...more  
Comment by chuck8 on Nov 19, 2020 3:39pm
Bossu, agree with you on all points raised. Detour has done well for KL's bottom line and potential for increased grade and resources is quite significant because of the recent deal KL made with Wallbridge: https://wallbridgemining.com/news/wallbridge-enters-into-term-sheet-with-kirkland-lake-gold-on-joint-venture-of-the-detour-east-property/ Macassa's SMC has potential to become ...more  
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