Home > Boards > US Listed > Mining/Resources > Kirkland Lake Gold (KL)

Sprott Money News Weekly Wrap-up - 3.6.20

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
NYBob Member Profile
Member Level 
Followed By 841
Posts 74,211
Boards Moderated 65
Alias Born 11/22/03
160x600 placeholder
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 5/6/2020 8:16:04 AM
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
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/22/2020 4:09:14 PM
Kirkland Lake Gold Identifies New Large Corridor of High-Grade Mineralization Along Main Break East of Macassa Mine GlobeNewswire Inc. - 4/22/2020 9:48:24 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/16/2020 6:05:12 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 4/9/2020 11:16:32 AM
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
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 2/21/2020 9:47:13 AM
Kirkland Lake Gold Amends Normal Course Issuer Bid and Implements Automatic Share Purchase Plan   GlobeNewswire Inc. - 2/20/2020 3:58:20 PM
NYBob Member Level  Friday, 03/06/20 02:55:40 PM
Re: timetravelerdos post# 682
Post # of 772 
Sprott Money News Weekly Wrap-up - 3.6.20
780 views•Mar 6, 2020
Sprott Money







https://www.youtube.com/watch?v=h6DthHgExx8


Gold Surges as Trump Demands More Easing From Pliant Fed
Commodities
(Mar 03, 2020 16:46)

https://uk.investing.com/news/commodities-news/gold-surges-as-trump-demands-more-easing-from-pliant-fed-2064363

Kirkland Lake Gold Ltd. (TSX:KL) @ PDAC -


March 1 - 4 Metro Toronto Convention Centre, Toronto, Canada

Kirkland Lake Gold Ltd.

Booth Number: 2313

Website: http://www.klgold.com

https://www.pdac.ca/convention/exhibits/investors-exchange/exhibitors?startsWith=k

Ex. by KL shareholder....
Kirkland Lake Gold (TSX:KL) Quite undervalued -

I added to my position at 31,6 USD.
We're down 31,5% from the close prior to the detour merger
announcement.
Taking the detour valuation as well on 25th of November,
we are down 28% in combined market cap.
Meanwhile gold is still up 8% since and we had the best
Kirkland results ever.
And we still have our 707 million dollar pile of cash
sitting there, becoming a substantially larger portion
of the company valuation as price declines.

The only way this valuation makes sense is if you reason
that Fosterville will not increase reserves at all and
they'll just scoop up 2,1 million ounces there with a
total profit of 2,7 billion and close up shop.
In that case we'd have 0.7 billion in cash, 2,7 billion in
Fosterville profits and the rest would then be
worth 5,8 billion.
Detour was already valued at almost 3 billion when gold
was 8% lower thus given their high leverage to gold price,
i'm just going to lowball and give them
a valuation of 3,5 billion.
So what remains is 2,3 billion USD of value for
Macassa,
Holt,
Robbins Hill,
synergie benefits between detour and macassa operations,
the investments in
Osisko,
Bonterra,
Novo amongst others AND
any upside potential to fosterville.

I think the market is being irrational and we'll be
in the 50's in no time.

There is no long term downside risk to this stock
at current gold prices.
by ftj1408

For further information on Kirkland Lake Gold and to receive news releases by email, visit the website

http://www.klgold.com

https://s23.q4cdn.com/685814098/files/doc_presentations/2020/02/Q4-2019-Conference-Call-Webcast-Feb-20-2020-v4.pdf

All the mines that have been developed, around those mines,
in Abitibi for example, there’s a lot of potential,”
Guilbault told Kitco News on the sidelines of
the Xplor Mining Convention in Montreal.

http://abcourt.com/

https://abcourt.com/miningproperties/

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA





My opinions are my own and and DD I post should be confirmed as unbiased
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist