Kirkland Lake Gold (KL)

[jimbo8]

I believe that Kirkland will be fine for the short run with earnings up over 40% year to year... In fact I expect a blow out quarter again because of the great increases in gold price over the last year (that is expected to continue). The "short term" future concerns me though. Detour needs to be converted to deep mining instead of pit mining, and the sooner the better. I believe the first quarter after the merger may even show less earnings per share, which will continue until Detour reflects efficiencies similar to Kirkland's. JMHO