Why on earth do people here want /expect a stock split?

For the same reasons they wanted to split before Hercules was found to be of real value.  In the days of Kodiak trading on average between .40 to .90 cents, the value was weighted mostly on their Caribou property, and investors were attributing next to no value of their Hercules property.  To unleash the value of that property they had proposed a split into separately held base metals and gold companies that could stand alone. 

How can you value a proposal to spin off divisions into separate companies when there are no proven resource guidelines?

Trust me, Caribou can stand on it’s own as a speculative exploration company based only on the potential of property up in Yellowknife and attract quality investors and discovery talent. Furthermore, I bet all investors are primarily interested in the Hercules gold play (all investors are not only interested in Gold as majority have been with this company and prior to Hercules having found anything of real value). And that the SP right now is based on the speculation that this is a major gold find (and a slit will not affect the share price very much but it should unlock some of the value that had previously been established from the property that had previously been under investor cross-hairs). The Ni and CU and the Uranium are very much a secondary considerations (and with that line of thinking, their Gold property should have been ignored with the focus on Nickel and a secondary consideration a year ago). I echo many I am sure re the Sleeping Giant Ni showing as in 'who cares?'   (major shareholders who are the ones running this company certainly care) How can this company engineer any meaningful split and keep the shareholders who bought in SOLELY for the gold play satisfied?  (major shareholders like the Richardson with 10s of millions in share value are not running away and continue to top up) Personally, I have Nickel exposure elsewhere as I do Uranium. This is a GOLD PLAY AND SHOULD BE KEPT THAT WAY!!!  (Kodiak Gold will continue to be a gold play) Company focus should be at this stage centered on the development of Hercules as such as well as expectations of the shareholders who bought in on this gold expectation. (only a very small percentage have bought in on this gold expectation; core stakeholders have been invested for quite some time with trust in this management) Otherwise this will become a shambles of uncertainty and needless capital expenditure in too diverse a choice of directions (again with that line of thinking, their Gold property should have been ignored with the focus on Nickel and a secondary consideration a year ago as a needless capital expenditure). That there is Cu and NI and other properties is secondary. Let them lie fallow for awhile or just JV them away and put ALL management energies into what could be a world class gold discovery (Kodiak has had the personnel to easily manage any of the suggested projects even before Hercules was identified as being on the radar; a lot of their energy has shifted to Hercules when it was required as we have seen by their pulling back a little on the Caribou project to focus on land acquisition the size of PEI in the Beardmore-Geraldton area – keep in mind that they had next to nothing except perhaps 30 square km until fairly recently).  

Everything else is just pointless at this stage and the slide down in SP in the last two days is ,imo, is reflective of shareholder response to the mixed signals management is sending (look at the market; it hasn’t been that good across the board and Kodiak holding above $4).