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Message: Coach interview

Coach interview

posted on Mar 18, 2010 11:34PM

I read an interview with Mike Kachanovsky ( whom I believe is Coach247) on Kitco :

http://www.kitco.com/ind/GoldReport/mar182010.html . I wanted to read his analysis and was hoping the word Kodiak might appear somewhere in the article, but it must have been between the lines. Yes, I'm desperate for some promotion of this stock. The new presentation actually contains some unreleased information on the McTavish drill program on slide 26 : http://kodiakexp.com/_resources/KODIAK_Presentation_09MAR2010-opt.pdf

The locations of the first five holes for 2010 are shown as black circles with a white fill. The first two were drilled on the Canalaska land and the next 3 were back towards the key well WM-09-04. Technically I like all the locations but the results are really all that matters. So where are they? You pretty much know what you've got after you scan the core and log the holes, so I'm not expecting great news. The minmum benchmark for success for this program in my opinion would be drilling a hole and encountering better results than the 09-04 well, otherwise the program is a fail. I think they also need to drill just north of the WM-10-06 well just into the Canalaska property at the best VTEM conductor location shown in all white. Break-up is coming early this year so I don't know if they much drilling time left.

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