KL - Kirkland Lake Gold: Gearing Up For Significant Growth At Macassa
- Kirkland Lake Gold is one of the best-performing gold stocks this year, up 3% year-to-date vs. a double-digit decline in the Gold Miners Index.
- While all eyes continue to be on the company's previous breadwinner, Fosterville, Macassa is one of the most impressive mines globally, not getting nearly enough attention relative to Fosterville.
- This is especially true, given that we're nearing the final stretch for completion of the #4 Shaft Project, set to take the governor off the operation, and no longer mine-constrained.
- Given Kirkland Lake's position as the lowest-cost senior producer in the sector with meaningful growth at two of three assets, I continue to see the stock as a Buy on weakness.
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Kirkland Lake Gold: Gearing Up For Significant Growth At Macassa