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Bullboard - Stock Discussion Forum Kenorland Minerals Ltd. V.KLD

Alternate Symbol(s):  KLDCF

Metals & Mining Industrial Metals & Minerals
Kenorland Minerals Ltd. is a Canada-based mineral exploration company. The Company's principal business is the acquisition and exploration of precious metal mineral properties in North America. Its flagship properties are the Frotet Project Quebec, Canada, the Tanacross Project Alaska, United States and the Healy Project Alaska, United States. It owns or has options to acquire further interest... see more

TSXV:KLD - Post Discussion

Kenorland Minerals Ltd. > 51% may be a bit confusing……..
View:
Post by Lookingforclues on Dec 28, 2021 6:08pm

51% may be a bit confusing……..

Or Misrepresented!
Reverse takeover of Northway Res by KLD.
It seems that KLD only owns between 20% and 30% of 4 projects, altho' on TD is shows SUMITOMO owns 10.1% of KLD, Sumitoma actually own 80%.
There is another Project with Barrick...confusing %'s
Z. Flood, CEO when asked when any timelines were due, it was not 'his decision'!

Caveat Emptor!
Comment by Malpeque2 on Dec 31, 2021 8:28pm
It's not misrepresented.   If you can't read the SEDAR filings and understand what they mean then you should not be buying individual equities. Sumitomo owns about 10% of the stock of Kenorland.    Then the company has various projects that they have farmed out to Sumitomo and Barrick,   IF the work commitments are met.    As time and effort,  ...more  
Kenorland Minerals Ltd.