GOOD ENTRY PRICE !!!!! Financial uncertainty is positive for KENAI’S Brazilian gold project
Future commodity prices: The world debt problem and its solution of printing more money or issuing more debt, is increasing the appeal of hard assets, metals in general and gold in particular. The Club Med. countries can no longer afford to relax in the sun; Irish eyes are no longer smiling; Belgium is economically divided and continued German public support of the PIIGS is uncertain. Even the U.S. is financially challenged: They have recently raised their debt level to unprecedented levels , giving rise to the speculation that those high debt levels are unsustainable. The demand by BRIC countries for all commodities, should perpetuate the upward price trend of hard assets. The best leverage for the investor in this environment is in the low-priced, “professionally managed” Canadian mining companies with assets located in mine-friendly jurisdictions. KENAI RESOURCES LTD. meets that description with its Brazilian gold property ready to start production at 50 T. /day, to be increased shortly to 100T./ day. A full scale exploration program will determine the scope and the extent of the known as well as the potential gold mineralized sections of the leases. KAI: TSX venture should shine high and bright on the investor’s radar screen.
Note: Timing and “Buying low & selling high” are the keys to making profits. For KENAI, the time is ‘now’ while the price is ‘low.’