This is a review of Kirkland Lake Gold. What is Kirkland Lake Gold? How does it work? What do they offer you? Scam or legit? Are there better alternatives out there? This is just a few of the questions we help you answer today!
Name of the company: Kirkland Lake Gold
Official Website URL: https://www.klgold.com/home/default.aspx
CEO: Anthony (Tony) Makuch
Products: Gold, Gold stocks
Kirkland Lake Gold may not be a new name to you if you are an investor or a person who deals with precious metals. This review will, therefore, be useful to you, since it will expound on what you already know about this company. Also, if you do not know anything about Kirkland Lake Gold, you will get the opportunity to know what it offers to the general public. Essentially, I will be covering the following areas about this company:
-What is Kirkland Lake Gold about?
– How does it operate?
-Which products does Kirkland Lake Gold offer to the concerned stakeholders?
– Is it a genuine company?
-Are there viable investment opportunities for you as a regular investor?
-Which is the best investment alternative to what Kirkland Lake Gold is currently offering?
– What are the pros and cons you can expect from this company?
What is Kirkland Lake Gold about?
Kirkland Lake Gold stands out as a fast-growing gold mining company that seeks to deliver value through increasing its mining and exploration activities in the regions that matter. This company has a solid base of very valuable assets, and these are complemented by its district-scale exploration potential, and its strong financial position that is backed up by its directors’ operational and management expertise.
Kirkland production profile is pegged onto two high-grade and low-cost operations at Maccassa Mine (in Northern Ontario), and Fosterville Mine (in Victoria, Australia). This company is committed to the delivery of value through the advancement of its exploration operations and the development of its mines. This way, this company is able to increase its mine life and to organically grow its production, which in the long run ends up increasing the value it offers to its shareholders.
This company is currently based in Australia and the United States, from where it continues to take its share in the pie of naturally existing gold ores, and extracting them in order to produce and supply them to a ready market.
How it works
Kirkland Lake Gold is currently working on the mining of gold in the following mines:
– Maccassa Mine ( North-eastern Ontario )
– Holt Mine
– Taylor Mine
– Fosterville Mine ( state of Victoria in Australia)
These two mines are according to Kirkland Lake Gold capable of producing up to 1,000,000 million ounces of gold. These operations are supported by close to 2000 workers who are distributed across the mines. This company’s current gold production costs per ounce are at $950 to $1000, which is fair enough in comparison to what other companies in this niche spend to produce the same quantity.
This company also has 3 mining facilities that are located in both Canada and Australia, and are governed by the mining jurisdictions that are applicable in both regions.
As of now, I am sure that you have concluded that Kirkland Lake Gold is a leading gold producer. Financially capable gold dealers in their capacity as individuals and organizations can, therefore, establish a partnership with this company, and have them supply the processed gold for value addition and reselling purposes.
If you are an investor or are planning to be one, then you can purchase the stocks offered by Kirkland Lake Gold. This company’s stocks trade under the following tickers in the respective exchanges:
– Toronto Stock Exchange – KL
– New York Stock Exchange –KL
– Australian Securities Exchange – KLA
Is it a genuine company?
Kirkland Lake Gold is a genuine company that also delivers genuine and valuable products to those who need them. This company is currently running 5 mines, as earlier on revealed, under the able management of the following directors and senior staff members:
– Jeffrey Parr – The Chairman of the Board ( has over 30 years’ experience in the executive management of mining companies and other service provision industries )
– Jonathan Gill – Independent Director/ Compensation and Technical Committee Chair ( is an engineer by profession, and has accumulated 45 years of experience in senior mine management )
– Arnold Klassen – Independent Director / Audit Committee Chair (has more than 30 years’ experience in the accounting, audit and tax activities in the mining industry).
– Anthony (Tony) Makuch – President and Chief Executive Officer (Is an engineer by profession and has more than 35 years’ experience in the mining industry.
– Barry Olson – Independent Director/ HSE/CSR Committee Chair ( Has more than 17 years’ of experience in the mining industry based in the United States, California, Argentina and Chile)
– Pamela Klessig –Independent Director –(has 27 years’ experience in the mineral exploration, mine development and mineral exploration on a global scope )
– Ray Threlkeld -Independent Director/ Corporate Governance & Nominating Committee Chair ( Had more than 32 years’ experience in the mining industry)
Such information is sufficient evidence that this company is genuine, as can also be confirmed by doing a search about them. You can also access information about its stocks on Yahoo Finance, and get to view all the historical data about them, just to have a general impression from a personal perspective.
If you are reading this review in a bid to know the available investment opportunities, then you can do well with the gold stocks offered by this company. These stocks are traded on NYSE, ASX, and TSX, thus you can access them easily access and purchase them.
Alternatives to Kirkland Lake Gold
As an investor, you will agree with me that the thing that matters most is getting the most value from your investment, regardless of how small it is. Gold stocks are valuable, but cannot match the value that comes from having a gold IRA investment, or simply investing in physical gold. With the reliable services of a gold IRA company such as Regal Assets, will have unlocked the benefit of a self-directed gold IRA, which includes tax-benefits. At a time like this when there are very major fluctuations in the general economy, it would be wise to consider investing in physical gold, due to its safety property as an investment commodity.
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as Regal Assets, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It is always a wise (and recommended) thing to compare the positive sides against the negative ones before you make any investing decisions. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Has very experienced leaders.
– Offers value through developing its mines and investing in its exploration activities.
– Relies on solid financial discipline to minimize its operation costs,
– The gold stocks it offers are prone to huge price fluctuations.
Do You Own or represent Kirkland Lake Gold?
If you are a representative, or associate of Kirkland Lake Gold and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (3.8 / 5)
Ok, I think that sums up the overall view of Kirkland Lake Gold pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Kirkland Lake Gold to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com