The Hughes GroupKG.The first company in the Hughes group, the site of the greatest gold rush in history, in the1890's in the the town of Dawson City in the Yukon and still own the properties to this day.With the staking rush to the Yukon, with the likes of ATC and the Underworld takeover by Kinross, the Yukon may be the next Nevada. They still own the properties of the greatest silver rush ever to the town of Sandon in S.E of B.C.,that these two cities where the 2 largest cities north of San Francisco in their day. The Teck smelter at Trail is 2 hours away and was built by the Sullivan Mine that operated for 100 years. KG spun off KS 6 years ago and I got 4000 free shares and sold them for 84 cents with silver at $13/oz.
The price today has no connect to the worth of their properties. The leadership has kicked out John Keating, remember when Golden Chalice was $4? They got rid of the mine manager at KS in Sandon.The got rid of the head geologist in Ontario. GCR and KLA are the leaders in share price at 5 cents, The average share count of the 9 members of the group is 150 million. How do you spell 10 for 1?. No prospect of raising money. Maybe Richard the Dilutor should be looking for a new leader, the finds of the past are getting pretty stale. With the POG and POS hitting all time highs, you wonder how it went so wrong. Even the group, with 1.5 B shares at an average 3 cents has huge potential.
https://www.hughes-exploration.com/i/pdf/HG-Review-PDAC-Feb10.pdf. Last news release was in April.
Nice to see somebody else steering the ship, what's left of it.