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Kootenay Silver Inc. V.KTN

Alternate Symbol(s):  KOOYF

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico, respectively. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. The La Cigarra silver project is located in the state of Chihuahua in the renowned Parral Mining district in north central Mexico. The La Negra silver discovery is situated only 7 kilometers north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. The Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery, located in the state of Sonora, Mexico.


TSXV:KTN - Post by User

Bullboard Posts
Comment by HotSnoton Dec 10, 2007 6:06pm
303 Views
Post# 13997987

RE: Only problem I have with this discovery.

RE: Only problem I have with this discovery.Well it seems that the "old" mines are back in style given todays metal prices and why shouldnt they be? Dont forget that todays surveys are capable of discovering nearby sources of minerals that those old time miners never new existed. The grades definitly seem economical and this isnt the only KTN property worth mentioning. There is a low share float and the gold, zinc and lead values of this recent set of drill assay's make mining the silver virtually free. Mexico also has cheaper labor, in a mining friendly, stable country compared to other possible locations for starting a mine and i would imagine because previous mines existed nearby, that infrastructure is great. This little company seems to have done its leg work early on by securing great properties and as a result any future share dilution should be rather minimal compared to many other junior mining plays. The latest news release also gave a reference to a strike length over 2 km's and a mention of how this drilling has surprised KTN because they believe it is now much larger then they first anticipated. All in all, a note worthy release and todays new investors should feel pretty comfortable in their current positions.
Bullboard Posts

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