Kirkland Lake Gold (KL)

[NYBob]

BNN interview, Sprott, etc
The BNN interview was a good listen and how can you not be excited! I'm posting link here for anyone who missed it. https://www.bnnbloomberg.ca/video/kirkland-lake-nears-record-highs-as-investors-await-fosterville-updates~1604939
Some talk here lately about potential suitors or buyout. Before you even go there, take a hard look at the charts....any chart, 5 year, 3 year, one year, one month and they all tell the same story about a company that is taking off like a rocket.
If we had a buyout, where would that leave us and where else would you park your money? A buyout would be a huge mistake IMHO and larger company would show much less trajectory.
We have to thank Eric Sprott for his vision on this one. We're just getting started on Fosterville wealth and Macassa likewise has huge upside potential. Patience.
Listen to Eric Sprott's Jekyl Island talk again to get some guidance.
He talks about grades at Fosterville being "generational" and so what does that mean to you?....not so quick to sell, that's for sure.
By the way, Sprott's 20M or so KL shares have earned him well in excess
of $500 million so far....that's profit!!! Like him, biggest problem
many of long KL shareholders have is that darned capital gains tax on
these winnings.
Jekyll Island link is:
https://www.google.com/search?q=eric+sprott+jekyll+island&oq=eric+sprott+jekyll&aqs=chrome.2.69i57j69i65j0.13761j0j7&sourceid=chrome&ie=UTF-8
Great comments and insight from many BB members here....always
appreciate the bits and pieces and wouldn't have known about
Tony's BNN interview if it wasn't pointed out, so thanks!
by Chuck