Silk Energy Ltd SLKEF

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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

Silk Energy Ltd

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Comment by whaleron Sep 30, 2009 10:42am

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Post# 16350091

RE: Appealling aspects to consider that warrant an

Maybe ISM could add to the list of attributes?

Investment Highlights:

Appealling aspects to consider that warrant an investment in Inspiration Mining Corporation include:

Advanced exploration project on the Company's wholly owned Langmuir nickel prospect.
Over 330 diamond drill cores with over 85 kms of core to prove up the past producing Langmuir No. 1 Mine site and the Langmuir No. 2 - North Zone known nickel ore bodies.
A pending NI 43-101 resource calculation produced by Micon International Ltd., of Toronto, Ontario.
A pending metallurgical analysis of the nickel mineraliztion zones by SGS Mineral Services of Lakefield, Ontario.
A large land package assembled in the Timmins region of Ontario, for further exploration.
As of June 30th, 2009, the Company held $22,290,383 of cash, $2,339,100 of marketable securities, and $860,104 of short-term investments.
As of June 30th, 2009, the Company has NO LONG TERM DEBT!
As of June 30th, 2009, the Company has purchased for cancellation 717,500 of its common shares for a total consideration of $438,847. Or at an average of $.61 per share.