If the All In Sustaining Cost continues to rise for the Copperstone Project ... Kerr Mines will become far less interesting to Institutional investors and even Eric Sprott must now be concerned...
AISC of $961 US is becoming HIGH IMHO and with energy costs dropping ... Hmmm?
https://kerrmines.com/KERR/Kerr_Mines_Corporate_Presentation_May_2020.pdf
Frustrated & NOW worried regarding NO Press Release
in over 11 weeks with the Price of Gold floating near all time highs;
it makes NO sense...
So yes as a KERR Mines shareholder I am beyond worried!
Hmmm...?
Kerr Mines "Stock In Play" hardly with the lack of news since April 23 !
https://www.baystreet.ca/stocksinplayarticles/29942/Kerr-Mines-Inc
"... “The case for gold holding above $1,800 is pretty strong, with the weaker U.S. dollar, surging Covid-19 cases, and some Fed officials questioning the U.S. recovery,” said Warren Patterson, head of commodities strategy at ING Groep NV in Singapore. “It does seem as though it is only a matter of time before we test the all-time highs.”..."
https://www.bloomberg.com/news/articles/2020-07-09/record-gold-in-sight-as-virus-woes-keep-prices-above-1-800
"... Peter Grosskopf became CEO of Sprott Inc in July 2010 within a year of gold reaching its all-time high in US dollar terms. Throughout the prolonged precious metals bear market Grosskopf oversaw the development and growth of multiple product lines, bringing in some of the best and brightest talent in the sector to do so, such that today, Sprott is arguably the go-to name for precious metals investment...."
"...Juniors red flags
"The first thing we look at is management. Are management credible? Do they have the right people in the right positions? Are they overly promotional? Do they have a sensible plan? Are they aligned with us as investors? … We look to avoid certain groups in the business that have a bad reputation for being over-promotional." ..."
https://www.mining-journal.com/leader-interviews/news/1388430/mining-journal-talks-with-sprotts-peter-grosskopf
Only several weeks left to award millions of OPTIONS and Warrants to Directors & Kerr Mines Management left... prior to institutional investors like VanEck, Blackrock & MacKenzie saying Never on our watch!
https://www.blackrock.com/americas-offshore/products/228442/blackrock-gold-general-fund-class-a-acc-fund
https://www.mackenzieinvestments.com/en/products/mutual-funds/mackenzie-gold-bullion-class
https://www.vaneck.com.au/home.aspx/
https://www.researchfrc.com/website/company/kerr/
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/364-tsx-venture/skp/79989-strikepoint-gold-announces-1-955m-strategic-investment-by-eric-sprott-increasing-his-holdings-to-19-9.html
https://smallcappower.com/top-stories/gold-explorer-sprott-stratabound/
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/477-tsx-venture/tuo/79994-teuton-resources-private-placement-completed-sprott-takes-2-million-shares.html