Carl Delfeld, Cabot Global Stocks Explorer
I have been searching for a good gold stock. I think I have finally hit pay dirt with Canada’s Kirkland Lake Gold (KL). The firm owns and operates four underground gold mines, including the Macassa, Holt, and Taylor mines located in northeastern Ontario, Canada; and the Fosterville Mine located in Victoria, Australia, as well as three milling facilities in Canada and Australia.
In a gold stock, I look for several characteristics, including a nice rising trend in a company’s production of gold plus superior profit margins and