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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. > But what if the rumor is...
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Post by Dibah420 on Sep 27, 2021 2:00pm

But what if the rumor is...

...just that.  Suppose IIROC asks Makuch to explain unusual market activity and he denies there is anything going on?
Comment by bossu on Sep 27, 2021 4:36pm
This situation remind me of a certain Friday in February 2017 when Lake Shore Gold Mine suddendly saw its share price going up for no apparent reason. In early Friday  afternoon Tony made an announcement that noting was in the cards and business was going as usual. But on the next Monday a big announcement by Tony was that Lake Shore was sold to Tahoe for $ 945 M «Tahoe Resources Inc.’s ...more  
Comment by Dibah420 on Sep 27, 2021 4:51pm
"In my mind  Tony made a big lie because he was negotiating the final deal with Tahoe during the weekend !" Looks like lying CEO's seldom pay a price for their lies. To keep up the pretense of business as usual KL kept buying back shares (some 200k)  in the public market for cancellation during the first half of September. Cheers
Comment by Bucconeer on Sep 27, 2021 5:21pm
This post has been removed in accordance with Community Policy
Comment by bossu on Sep 27, 2021 5:52pm
At this time I was disapointed for the deal even if it was almost of a double and qualify Tony a liar and Eric Sprott his Master voice. Both of them must have made a fortune on that deal even if Sprott was already multimilionair at the time.  Just to say that Tony is the best operator in the gold sector and would be a  seller for his own benefit and of course all Kl shareholders. A nice ...more  
Comment by menoalittle on Sep 28, 2021 11:59am
>> if a deal goes through I realy d'ont know where to put some profit at work. well then, I'd suggest taking a look at GCM.  probably the most unappreciated and undervalued gold miner in the world... (has been for a while, more so recently imo.) ...but, don't count on it being in your portfolio much more than another year or so, 'cause it wouldn't surprise me ...more  
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