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NYBob

02/07/19 6:11 AM

#229 RE: rrten #228

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

NYBob

02/07/19 6:19 AM

#230 RE: rrten #228

RE:RE:KL will continue to rise with heavy flows into Gold ETF

If Tony said KL will do 1.5 million ozs down the road, it will probably
happen faster then he says, with KL always doing better than they say.
With Macassa doing eventually 400,000 to 450,000 ozs, and
about 100 plus ozs at Holt and Taylor, unless Cosmo hits it big,
it looks like Tony is projecting
Fosterville to be a million oz mine per year.
Of course I would like to see Cosmo make a big find in the NT.
Imagine if we develop a 3rd top tier mine internally.
by Bob sth bb

In GOD We Trust -






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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