Re: should Kodiak expand land position ?
in response to
by
posted on
Oct 21, 2008 08:16PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
"Best advice sell all your area plays and roll it into Kodiak I think that is your best chance at a good pay day."
Blue, I must disagree.
first, SGX at eight-ten cents is an interesting spec. they just raised money, so they don't have to shut the doors.
kxl management has announced that the golden mile runs into sgx jacobus east property. if somebody wants to speculate on a ten cent stock, i can't think of a better choice.
second. premier gold PG.TO is a hell of a gold spec stock earning into a jv with roxmark in beardmore geraldton. plus they have a jv with goldcorp at red lake, plus they are earning 75 percent on what is shaping up as a great high grade godl play in baja mexico. they dont have as much cash as kxl but they do have $12 mm or so.
third, there are always more than one way to skin a horse.
Michael