Replies to post #3063 on Gold and Silver miners (Jr and Exploration)

[rrten]

Hi Mason. Kirkland Lake is a beast and a half. I have owned it since the Newmarket Gold takeover. It's Fosterville mine in OZ, is truly remarkable. 60 grams per ton and growing like a weed. They have a 1400 Km land package, and Tony the CEO came out and said they could have from 20 million to 50 million ozs at Fosterville. I think they will find more than that with 1400KM to work with. Fosterville will become one of the greatest mines in the world. However, who knew this was coming? 3 to 4 years ago, Fosterville was just a nice growing average mine doing 100,000 oz a year at a nice few grams per ton. With the Eagle and Swan zone dicoveries now they will be up to maybe 600,000 ozs per year at 35 to 40 grams per ton overall by 2020. Macassa, their big Canadian mine will double production in 2021 when they finish the new ramp to maybe 500,000 ozs a year also high grade around 25 grams per ton. Mason, with Fosterville, who knew what was going to happen? It is sometimes better to be lucky than smart.