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Probably for a couple of reasons. First two

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Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 6/4/2020 4:18:32 PM
Kirkland Lake Gold Renews Normal Course Issuer Bid GlobeNewswire Inc. - 6/4/2020 8:58:03 AM
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Kirkland Lake Gold Reports Strong Financial and Operating Results in Q1 2020 GlobeNewswire Inc. - 5/6/2020 6:49:48 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/29/2020 6:12:40 AM
Kirkland Lake Gold Announces Details of First Quarter 2020 Conference Call and Webcast GlobeNewswire Inc. - 4/27/2020 7:55:47 PM
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KIRKLAND LAKE GOLD REPORTS STRONG FIRST QUARTER 2020 PRODUCTION GlobeNewswire Inc. - 4/8/2020 6:28:52 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/7/2020 12:23:09 PM
KIRKLAND LAKE GOLD ANNOUNCES DETAILS OF CONFERENCE CALL AND WEBCAST TO REVIEW COVID-19 RESPONSE MEASURES AND FIRST QUARTER 20... GlobeNewswire Inc. - 4/6/2020 8:43:53 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/2/2020 4:13:42 PM
KIRKLAND LAKE GOLD ANNOUNCES NEW MEASURES IN RESPONSE TO COVID-19 GlobeNewswire Inc. - 4/2/2020 6:00:10 AM
Annual Report (foreign Private Issuer) (40-f) Edgar (US Regulatory) - 3/31/2020 6:08:19 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 3/30/2020 2:19:13 PM
KIRKLAND LAKE GOLD PROVIDES STATEMENT ON COVID-19 VIRUS GlobeNewswire Inc. - 3/29/2020 5:47:03 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 3/23/2020 12:59:58 PM
KIRKLAND LAKE GOLD ANNOUNCES INITIATIVES IN RESPONSE TO COVID-19 VIRUS GlobeNewswire Inc. - 3/22/2020 11:11:32 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 3/19/2020 10:44:37 AM
KIRKLAND LAKE GOLD REPURCHASES 10.1 MILLION COMMON SHARES, DOUBLES QUARTERLY DIVIDEND GlobeNewswire Inc. - 3/18/2020 5:15:10 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 3/3/2020 4:07:08 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 2/25/2020 3:06:55 PM
Kirkland Lake Gold Announces Board Appointments GlobeNewswire Inc. - 2/24/2020 5:24:33 PM
jimbo8   Thursday, 02/20/20 01:19:13 PM
Re: cblack223 post# 702
Post # of 780 
Probably for a couple of reasons. First two of their mines are lessening in production, even though they are not expecting further erosion. Along with this, the mine that continues to increase annually is not projected to increase in 2020. This is shown by their statement that they are going to increase production by 600,000 ounces post merger. This is the same amount produced by Detour last year. In other words, a lot of the pricing was based on continued growth, which will be muted until KL starts getting similar production and margins from Detour that they experience from the other mines.

Another reason was that the market ALWAYS overreacts!!!!

The third reason is that they did't beat the expectations by as much as in the past. This gave the speculators reason to sell, and the stock short position a reason to expand.

We already knew that this was probably going to happen. Hopefully Kirkland can change the Detour to deep mining and increase their production to an annual $900K to a million ounces in a short time.

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