Kaminak Gold Corporation

Kaminak Gold Corporation is advancing the 100% owned Coffee Gold Project, a multi-million ounce, high-grade oxide gold district that is amendable to heap leaching and located in the Yukon Territory, Canada.

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Message: Re: News and coffee
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Oct 12, 2010 04:04PM

I think a buyout is only a matter of time now. Remember, Kinross is just across the river, sharing barges and information. They have probably criss-crossed the property and asked for a confidentiality agreement. They've already demonstrated that they believe in this district, (they just spent 15 million more drilling off White Gold) and that they're willing to move in before the 2 million ounce mark. They have also demonstrated that they would like to concentrate their assets in key corners of the globe (think about them selling assets, and then buying out B2Gold next to their Kupol deposit, Barrick, next to Maricunga, and Cominco deposits next to existing mines).

With their current policies, they WILL buy out more paydirt in this area. And so far Kaminak is by far the best prospect. I used to think it would be Victoria, because they already own over 10% of Victoria.

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