Kirkland Lake Gold Ltd. T.KL

Brownfields hound dog

[BSdetector2016]

Kirkland Lake is excellent at identifying opportunities that everyone else is blind to. Fosterville, Macassa and Detour are good examples. Take an existing asset and grow it organically. I expect that Tony and the team will be sifting through opportunities as the current temporary lull in gold sentiment drops acquisition costs. I expect sustained growth is in Kirkland Lake's future.

[Mustlovedogs01]

...as long as it doesn't stop buying its own stock!! Could be paying a dividend like no other that would make investors hold and buy, thus moving the stock up!  NOPE...management should be fired! jmo

[Goldbug52]

Well MLD, as I posted a couple of days ago, i own some Rio Tinto and their dividends for the past year, including  their bonus payments came out to about 12% of current stock price (which is a really damn good number)! So what you're saying is not really true because Rio is trading at only 6.6 times earnings. KL is trading at about 13 times!

[Antonyius]

Dividends are typically only increased when the company doesn't have a better use of their cash. At current valuations, buying back shares makes way more sense than increasing dividends. By reducing the amount of outstanding shares, when they do eventually increase the dividend it will greatly decrease the payout ratio, assuming cash flow stays at the same level. If you're holding Kirkland