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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. > basically kl hoards over $900 cash for every ounce produced
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Post by uograd on Mar 02, 2021 8:31am

basically kl hoards over $900 cash for every ounce produced

So if assume they do 3500 ounces per day that is just under 1,300,000 in a year

all in cost about 800 bones

pog over 1700 but let say total all in margin on each ounce is 900 just fun

each day they add an extra 3.15 million to their cash coffers.  All u.s. numbers for kids at home.

stopped retarded share buy back because did not accomplish a thing.

so in 100 days they will have the over 300 million with plenty to share that will make up the cash component of the wall bridge bid.

oh yeah they currently have roughly 900 million us. in the kitty.
Comment by Paray99 on Mar 02, 2021 8:53am
What is the use of all these calculations, if our capitals are sitting in big red? The big manipulation going on with US economy and Bitcoin need to end for us to realize some profits!
Comment by Antonyius on Mar 02, 2021 2:43pm
share buybacks work that's why Buffett just bought back over 26 billion dollars of Berkshire
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