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KAMINAK GOLD CORPORATION V.KAM

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties in Canada and the United States."


TSXV:KAM - Post by User

Bullboard Posts
Comment by dropshotvolleyon Jul 10, 2012 4:59pm
501 Views
Post# 20099646

RE: RE: RE: RE: Biggest News Yet

RE: RE: RE: RE: Biggest News Yet

The key here in the Inferred Resource is what part of the property will qualify under the regulations based upon completed drilling. I am not sure what the Canadian Institute of Mining rules are for an Inferred but they have not done enough drilling for an an Indicated or Measured Resource. So how much of the property will qualify for Inferred. Supremo for sure. More zones? This will make a difference as to 1, 2, 3 million oz's. Comments welcome re what qualifies under Inferred. Markets still very sick. Looks like banks in Spain are going to get around 36B. Trust me I live here they will need more. I applied for a credit card recently here and I had to put down 10,000 euro to get a 3,000 euro line of credti on the card! I also had to invest the 10k euro into the banks bonds!

Bullboard Posts