News

January 21, 2009

It’s Been Said Before, But Kirkland Lake Gold Finally Looks As Though It’s Moving Towards Serious Production Numbers

By Alastair Ford

Somewhere right in the heart of the City of London, below street level on Copthall Avenue, in a basement that may once, for all Minesite knows, have been a dungeon or a debtors’ jail, but which in all probability was actually a scullery or a place for polishing boots, sits an analyst who loves the Canadian mining company Kirkland Lake Gold. This, for any who aren't aware of who sits where in the City, is Simon Gardner-Bond, of Ocean Equities.

His love of Kirkland runs deep – he wants to shout its glories to the world and he feels aggrieved when it’s unfairly slighted. Which is why, just before Christmas, he called Minesite into the dungeon for a chat about why Kirkland hasn’t performed to date, and about why it looks set finally to deliver in the very near future. To be fair, he also paid for the curry afterwards, so it wasn’t all work, work, work. Simon’s one of the only London analysts ever to have been out to Kirkland Lake to see...