Steve Nicastro
Contrarian, long only, gold & precious metals, oil & gas

Kirkland Lake: A Shareholder Friendly Gold Miner With High Grades, Big Upside

I've been looking for investments in the gold sector that have the most potential to rebound and do so strongly once the price of gold finally does rise back to the $1,500 level (which I believe it will do so in 2014 on strong physical demand). One junior gold miner that has been grabbing my attention of late is a company called Kirkland Lake Gold (OTCPK:KGILF), which I feel not only has the potential to double in 2014, but also holds long-term multi-bagger potential.

Kirkland Lake Gold has a lot of things going in its favor - from its location of operations in mining-friendly Canada, to its super-high grades, tight share structure and recent arrangement with Franco Nevada.

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details