Kootenay Silver Inc. V.KTN

Alternate Symbol(s): KOOYF

Metals & Mining Silver

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

Kootenay Silver Inc.

Bullboard Posts

Comment by must_be_patienton Aug 18, 2010 5:03pm

334 Views

Post# 17362938

RE: Kootenay Announces Initial Resource Estimate;

Well we finally have some numbers to get started with - 10mm oz of silver and a $16.5mm market cap. Without regard to anything other than the silver at Promontorio, KTN is going for $1.65 per ounce of silver. Of course, roughly $7mm in cash means that the price per ounce is actually under a buck. I think there is more upside at Promontorio, and at least one of their JVs should pay off materially.

I'm hanging onto my shares, even though it's been my worst junior performer this year.

(all numbers US)

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload