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Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Bullboard Posts
Comment by millrighton Jan 31, 2008 12:28am
99 Views
Post# 14294368

RE: Serious Questions [Stones]

RE: Serious Questions [Stones]1.Nitinat doesn't get the ISM computer in the spin-off...if that were true how would ISM shareholders get their updates? - Does ISM get updates? If this policy was adopted, the updates would be outsourced - miningstockreports, if accuracy was not wanted; WIRELESS2 TECHNOLOGIES [WIT.V] if accuracy didn't matter; and whoever handled mailing out the AGM notices, if they didn't want shareholders to get the update. 2. what will happen first? a) Shareholders of record as of July 07 will receive warrants in Nitinat b) a 43-101 compliant resource will be issued for a chunck of the Lang Resource c) a woman becomes President of the USA - now that's a real tough one. Might be none of them will happen in our time, but I'd have to go with (a) because surely someone would have run this by the TSX for a preliminary opinion before making three announcements that it was being done. I think there's all kinds of problems being opened up, but that doesn't mean ISM won't try it, nor that TSX will insist on rationality. - (b) Might be my second choice, if they get the price driven down far enough with all the present uncertainty, it won't matter if a real resource number is a fraction of Darcell's fantasy. But I don't think they'll do a 43-101 with tonnage [or present values] in 2008. - (c) I would hope that a woman isn't elected President until its someone other than Bill's wife. If you guys do end up with a HilBillie White House you will have my deepest sympathy.
Bullboard Posts