Kiska Metal Corporation KSKTF

RE: financing

[oddykog]

Quite a nice Stockhouse article is available now as a result of their visit to Whistler.  Clearly the insiders assume that Kennecott will relinquish its rights to Whistler and give 100% to Kiska.  They have 90 days to decide after the geologic report is filed with Kennecott in early August, so by November we should know.

From what I have read there seems to be plenty of metal in the Whistler area, but they have not found an ore body so far with higher metal content that could be the catalyst for a mine.  Any investor in the megabucks needed to develop Whistler will want to see how soon he can get his money back and if there were a deposit with really rich ore - gold, silver, copper whatever - sufficient to guarantee a positive cash flow in the first couple of years after start-up even in a down market you would see real interest in Kiska.  That catalyst is still missing.  It will take a lot more than $4 million to be raised by this offering to find and validate it.