Replies to post #389 on Kirkland Lake Gold (KL)

[rrten]

Bob, I don't think they are really going to buy back shares. Buying back 5 million shares won't even make a dent in their EPS, and will cost them 200 Million. Better to use the money for a dividend raise or for exploration. I think the PR today was to warn the shorts that KL can now come into the market and buy a half a million shares any time any day, when the shorts decide to attack like today, and break their backs. That would be nice to see. IMHO