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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 checkon Mar 27, 2008 11:48am
160 Views
Post# 14845470

Inspiration Mining hires Launchpad Capital as adv

Inspiration Mining hires Launchpad Capital as advInspiration Mining hires Launchpad Capital as adviser 2008-03-25 12:02 ET - News Release Mr. Randy Miller reports INSPIRATION RETAINS LAUNCHPAD CAPITAL AS STRATEGIC ADVISORY FIRM Inspiration Mining Corp. has retained Launchpad Capital to evaluate strategic alternatives to maximize shareholder value. The corporation is of the opinion that it is undervalued in light of its nickel project in the Langmuir township and the newly acquired nickel-copper-gold properties. Through Launchpad Capital's expertise in developing emerging companies in North America and Asia, the corporation believes that Launchpad Capital will help the company unlock the true value of its assets for the substantial benefit of the corporation's shareholders. Launchpad Capital provides consulting services to high-growth, emerging companies, in areas ranging from corporate finance, mergers and acquisitions, business development, and corporate structure, in North America and Asia. Through its executive advisory board, Launchpad has developed a strong record of creating value for its public and private clients by integrating a broad range of services into the corporate strategy of its clients. Randy Miller, president of the corporation, notes: "With the progress that has been made over the past two years on the Langmuir property and the acquisition and potential of our new properties, our company is entering a new phase of expansion and operation in our plan to create significant value for our shareholders. Since late 2007, we have aggressively expanded our geological team, as we initiated a deep drilling program at Langmuir No. 2, with initial results expected in the near future, our spinoff of our Jasper property is almost complete, and we are processing core and drill results at the fastest pace in our history. "Over the past year, we have expanded the scope of this project due to the results we have seen. We continue to be encouraged by the results from Langmuir North, as evidenced in our last news release and will continue to expand the drilling there to identify the extent of the mineralization."
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