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Kirkland Lake Discoveries Corp V.KLDC

Alternate Symbol(s):  KLKLF

Kirkland Lake Discoveries Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. It has a prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt. Its properties assembled include the Lucky Strike Property, Arnold Property, KL Central (KLC), Goodfish-Kirana and the optioned KL West (KLW) Properties. Its land position comprises approximately 38,000 hectares (ha), over 1,338 claims, and 29 patented claims. The Arnold Property comprises 28 claims covering a total area of 1,225 ha. The Lucky Strike Project is located immediately to the east of the Company’s Goodfish-Kirana Project, in Kirkland Lake, Ontario, and consists of 644 unpatented mining claims covering approximately 11,506 ha (116 square kilometers). The KLW land package comprises 107 mining claims. The KLC land package comprises eight mining claims for an aggregate of 115 claims.


TSXV:KLDC - Post by User

Comment by Kantenahon Feb 15, 2008 3:34pm
182 Views
Post# 14381580

RE: Bad news!

RE: Bad news!If you don't like dilution, then you are in the wrong place!  There is a lot of work to do (and money to spend) in Tres Marias before the zinc/germanium begins to flow.  You can't build a mine without dilution..

As a WAR investor, there are two options:

1.  Grin and bear the short term pain that is inevitable with this company.  Accept that your investment is "dead money" for the time being but know that you are in on the ground floor when this promising little company begins to realize its potential.

2.  Take your money and run... but you may find that there is not a lot of "greener grass" in the stock market right now.

It's your choice.
-K
Bullboard Posts