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Message: Smoke and Mirrors

Smoke and Mirrors

posted on Aug 10, 2009 08:14PM

I have been thinking about what has been happening with kodiak and the aquisition of the property in Manitoba/ JV on the Quebec deal/ why aren't they consintrating more on geralton deal/ now more uranium in Saskabush etc.

Here' what i came up with

Quebec- why spend tones of cash in a remote location with no infastructure even if you think something is there. Reason being times are tough in the finacial sector and money is hard to come by for juniors. So let someone else spend the money and get for yourself what ever comes out of it. Good move IMHO.

Manitoba- Cheep property, but still farely remote. Insider involved. Questionable. Why more gold land when you have premium holdings, with infustructrure, hotel, and a percentage of gold in everyhole you punch in the gound?

Sask-Athabas- Now we pick up more land on a JV, Uranium is now in question as a whole, but still very valuable in the future. Everybody including myself are saying what the hell. Are they drunk, crazy, pass the ripple. What the hell could be next?

Ah, the future he say's. Yes i do. What reason would kodiak need future land aquisitions for when we haven't even finished what we started?

We like our managmt or atleast i do. They seam to be smart, good with money, good promoters, etc. etc.

The answer to all my question's is that a deal is already done on the geralton-beardmore area. They will need somewhere to move next with there new found money!!!!!!

AEM. I say done deal. Nothing but good things ahead.

CHIP OFF THE OLD BLOCK!!!!!!!!!

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