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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 cyril17on Dec 15, 2012 6:42pm
163 Views
Post# 20735991

RE: RE: Kaminak "In The News"

RE: RE: Kaminak "In The News"

16 M is lots of money.Lots of work can be done considering  after 3 years of working on the property sure have a fairly good understanding  of it as the results proved.On the other hand Carpenter likes to have a sizeable bank account  which allows him robust moves.PP will be done at some point . Question is at what price. I am sure they want at highest s/p possible.I would say there will be some work done in spring,hopefully the resource will be expanded,s/p will go higher,maybe even the market sentiment will improve , questions around financial cliff will be somehow dealt with,price of gold might go higher because of israel/Iran and  of never ending printing of money in US and EU etc etc.I am quite sure few fairly big companies noticed the  M's of Oz so there might be some T/O rumors here and there.In South America there is a strong populist effort  to nationalize the resources.My point is there are so many moving parts and with some luck s/p will move  significantly higher.As everybody knows,most important in junior companies is good management and good  resource.We have both.We need a spark of some kind to heat up  Yukon as a gold district.

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