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Kermode Resources Ltd V.KLM

Alternate Symbol(s):  KMDRF

Kermode Resources Ltd. is a Canada-based junior mining company. The Company’s main business is the acquisition, exploration and development of natural resource properties. Its exploration properties include Lucky Strike, Star of the West, Caycuse Copper, Loup Creek, and Santana Mines (LOI). The Lucky Strike property is located in Nitinat, British Columbia and covers an area of approximately 3005 hectares. The Star of the West property is located in Port Alberni, British Columbia and covers an area of 3427 hectares. Its Caycuse Copper property is located in Caycuse, British Columbia and covers an area of 1532 hectares. The Loup Creek property is located 30 kilometers (kms) from Lake Cowichan and is accessible through the Gordon River Main Logging Road. The Santana Mines is located at Quadra Island, British Columbia. The Company also has an option agreement to acquire three properties, namely 911 Knockout, Eastgate BC and Slesse Creek.


TSXV:KLM - Post by User

Post by hedgeron May 11, 2021 11:54am
179 Views
Post# 33173829

KLM Strategy From Here...........

KLM Strategy From Here...........Someone plunked a sale of 3 million shares at 0.035, that sure stops any upside action but what is the main reason for this kind of move?  Maybe to lure out any stock at 0.03 and under before KLM's move into theVidette Lake property?  If they really wanted to sell, KLM would be at 0.01 now.  Once this blockade is removed or surprisingly sold watch for beaucoup movement?  

KLM took a year to finalize Vidette and there has to be a reason for that kind of interest.  This is the Venture exchange, kind of like anything goes?  

KLM experienced management is always on the lookout for other properties, expect more sooner than later?  
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