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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. > sold another 10k shares
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Post by prouditalian on Dec 04, 2020 9:53am

sold another 10k shares

switching into Barrick. Still 40k shares left. Radio silence from nmanagement. Not buying back shares either.
Comment by Leopolt on Dec 04, 2020 10:02am
No one cares what you do PI. Get over it. Leopolt
Comment by prouditalian on Dec 04, 2020 10:08am
actually, between myself and the guys I got in KL, we are talking about 300k shares, so some people actually do care. Not KL management though as they dont answer back their investors. 
Comment by Leopolt on Dec 04, 2020 10:37am
Thats nice PI. How about messaging your groupies when you make a move. What would this place look like if everyone posted their trades? Unless you think your trades are smarter than the commonfolk. leo
Comment by prouditalian on Dec 04, 2020 10:54am
Ive already recomended to all the guys that follow me to drop 40% of their holdings. Im down from 70k to 40k now.
Comment by prouditalian on Dec 04, 2020 11:08am
and to switch that cash into ABX...better management there IMO. KL is still dirt cheap but starting to question management here. A good point was made that Sprott was the real creator of value not Makuch.  But value is still there...going 50/50 KL and ABX rather than my origianlly intended 80/20. My other holdings are Polymetal ( up 120% ), Impala ( up 90% ) Anglo American Platinum ( up 25 ...more  
Comment by Leopolt on Dec 04, 2020 11:09am
Yes. A genus. leo
Comment by prouditalian on Dec 04, 2020 11:13am
Leo, I do have a 145 IQ, but thats not the point. The fact is I know miners better than 99% of the heard....and I have proven it. Not giving up on KL as its still dirt cheap but its not worthy of as much money as I was giving it. Bristow has been the best CEO for over 25 years. Makuch??? Lets just say, Sprott likely made this guy.
Comment by Leopolt on Dec 04, 2020 11:18am
You dont know them better than me and thats all that matters to me. And I prefer to kick people rather than ignore them. So if you like getting kicked then keep it up. Leo
Comment by Leopolt on Dec 04, 2020 11:08am
Thats wonderful. Maybe everyone here can post how much they are up or down on a daily basis also. Leo
Comment by danieltijana02 on Dec 04, 2020 11:27am
they buy back 2.2 mill shares this qtr, 14.01 as of Q320 and last confrence TM says 16.2 M, same as Q3 with 1 month to go  https://wsw.com/webcast/bns8/kl.to/1680536
Comment by prouditalian on Dec 04, 2020 11:31am
yes, they bought at 65....Have not seen any buys since then, and we are at 51. Not impressed.
Comment by danieltijana02 on Dec 04, 2020 11:39am
think weakness is more loonie than any other factors... aem also 50 day lows with 70% costs loonie irespective record qtrs 
Comment by grasspriet11 on Dec 04, 2020 5:58pm
First buying.  Then selling.  All in the same week.    Changing with the wind.   So less conviction for someone who first wanted to buy 100.000 stocks.   I would not be surprised if KL will buy back an additional 5.000.000 shares during Q4.  The pullback will be positive on the long run.    I have the time and no stress.  And I like to walk ...more  
Comment by prouditalian on Dec 04, 2020 6:16pm
Sometimes things change with the wind. I just have a bad feeling about a buyout coming up. Impossible to get in touch with management and zero buying of shares innthe past month. ZERO! They have a buyout, they bought shartes at 65...and not buying over past 2 months even though they can...My gut tells me they cannot buy shares as are in blackout.  If I am wrong, I still hold 30k shares and ...more  
Comment by MannyPineapple on Dec 04, 2020 6:34pm
Heres the answer to that PI. https://www.youtube.com/watch?v=1UfD4aKFhL0 Manny
Comment by grasspriet11 on Dec 04, 2020 7:37pm
PI, Buyback of own shares by KL *Q1: 9.713.500 shares *Q2: 1.345.600 shares *Q3: 2.139.300 dhares Q4: during October and November 3.004.400 shares.  (In November alone they bought 2.173.300 shares extra shares.  In ONE MONTH)   so I'm convinced they will reach 5.000.000 shares in Q4    Why are you saying they stopped with buying own shares PI?   ...more  
Comment by grasspriet11 on Dec 04, 2020 7:57pm
The actual number of outstanding shares : 270.815.600 (1 december 2020) coming from 273.820.000 shares at the end of Q3.   I find so many people on this board are so nervous.    Just relax.   I also bougth a seriious amount of shares the last 3 years.   But you have to be good informed.   The EBITDA growth is super.  And the price very cheap ...more  
Comment by prouditalian on Dec 04, 2020 8:20pm
Where did you find this?  Please send link as Ive been looking for posted buyback trades in Nov and have found zero. Thanks
Comment by prouditalian on Dec 04, 2020 8:32pm
If they have been buying back shares in November, then my hunch is wrong...Id gladly buy back what I sold the past week. Pretty sad that thiese questions are not answered by the folks who are payed to do this at KL. Im personally going to get through to Macuch and tell him what a bozo his IR guy is
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