Kirkland Lake Gold Ltd. T.KL

The market makes me sick

[DogeToTheMoon]

You have an incredibly managed and consistently outstanding performing company like KL... and the SP gets beaten down why?? Even with price of gold near historic highs and with Joe Biden devaluing our money with his carte blanche money printing machine.

Then you have cash burning, debt ridden, horribly managed cannibis companies and apparently this is where investors think it's smart to put their money.

I'm starting to learn that investing in companies that burn cash, dilute shares, have terrible balance sheets, are the smart plays...

GLTAL. F the shorts. F the manipulators

[BSdetector2016]

If you live in Canada, and you cry and whine enough, the prime idiot will cut you a cheque and bail you out of your misguided blunders.

[DogeToTheMoon]

I do live in Canada, and know all about the prime idiot. Life is better for those who are lazy, don't work, and don't try.  

[bogfit]

"I'm starting to learn that investing in companies that burn cash, dilute shares, have terrible balance sheets, are the smart plays."   That seemed to work well with Dotcoms twenty years ago.  I've never understood why KL hasn't done better.  The Detour acquisition made perfect sense to me believing in buying cheap ounces now, to sell later at higher prices

[DudeRancher1953]

I don't worry about KL's sp. I see this as a well managed company that produces a commodity that will very likely go up in price. Cashflow is great. If you don't have a full position then it's a great time to add to it.

[DogeToTheMoon]

I added more at $49. Backed up the truck.