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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (53191)	1/21/2019 7:57:42 PM
From: Goose94	Read Replies (2) \| Respond to of 202903

Kirkland Lake Gold (KL-T) star performer top pick from Jason Del Vicario on BNN.ca Market Call 2nite Monday Jan 21st @ 1800ET A gold stock may seem like an odd pick for a “growth” manager, but Kirkland Lake was the no. 1 performing stock on the TSX last year. Despite significant outperformance in 2018, we feel they can continue to increase shareholder wealth going forward. Generally we stay very far away from resource-based companies, but the company’s return on equity (ROE) is just shy of 20 per cent and they keep increasing their production numbers. Since we feel that central banks are going to have to re-engage in quantitative easing during the next recession, we feel that gold could again move as it did from 2008 to 2011. In combination with Kirkland’s rising production, this could lead to significant returns.