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NBF take on results
posted on
Jan 23, 2009 01:08PM
Our take on the results
We view this news as positive as the company has intersected
a few really high grade intersections which had been missing
in some of its past drill results. We believe that the 2009 drill
program will continue to extend the mineralization at the
Golden Mile along strike and at depth. We currently rate
Kodiak with an Outperform rating and a Cdn$1.75 target price.
