RBC sees Fosterville upside

RBC Capital Markets doesn’t see the massive outperformance of Kirkland Lake Gold’s (CN:KL) Fosterville mine continuing indefinitely but, following a site visit, it does still see “upside optionality for investors”.

Kirkland Lake is investing 50% of its group exploration budget at Fosterville

13 July 2017
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The Toronto-based company reported its quarterly numbers earlier in the week and shocked the market with a 67% production beat at Fosterville, in Victoria, Australia, as mined grades rose to 17.

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