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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 needs to acquire a hi grade gold junior like WM
View:
Post by peep2 on Mar 30, 2021 5:59am

KL needs to acquire a hi grade gold junior like WM

It's very nearby. At present Sprott owns 20% of WM, KL owns 10%

Then KL's stock price goes up to where it should be already.

WM's shares outstanding are consolidated by 10, from roughly 800 
million shares to roughly 80 million shares added to KL's. KL goes
up to where it should have been before that.

Maybe high $70s

Gravy train for years to come.
 
Unless don't need WM because neighbouring drilling in
detour gold region property of KL will give them the new high
grade gold reserves needed to increase the premium price
of KL to high $70s?
https://www.youtube.com/watch?v=5BHY2Cbi13Y
Comment by Dibah420 on Mar 30, 2021 9:23am
If property is that good I am sure it hasn't escaped notice of KL mgmt.  I prefer to see drill bit results rather than hype from Kord. In the meantime, sure, let's indulge in some wishful thinking. *********************************************************************** "Then KL's stock price goes up to where it should be already." "KL goes up to where it should ...more