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| | Corporate Profile: Kirkland Lake Gold Inc
Publisher: Kaiser Research Online
Author: Copyright 2009 John A Kaiser
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Kirkland Lake Gold Inc (KLG-T)
| Kirkland Lake is an Ontario-focused gold producer led by CEO Brian Hinchcliffe and Chairman Harry Dobson that operates the Macassa Mine within a larger group of 100% owned properties in the Kirkland Lake area that were acquired in December 2001 and encompass five past-producing mines. Kirkland Lake also has a 50:50 JV with Queenston Mining on several claims adjacent to its 100% owned ground. Kirkland Lake first began small-scale production in 2002 at Macassa, and has repeatedly encountered high grade exploration results such as 3.7 gold ounces over 40 feet in the intervening years. For fiscal 2009 (ending April 30, 2009) Kirkland produced approximately 45-50,000 gold ounces, entirely from the Macassa Mine, and with the commencement of production from the South Mine Complex in March 2009, has forecast production of 100,000 ounces for the fiscal year beginning on May 1, 2009. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
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