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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 16, 2012 7:15am
213 Views
Post# 20736505

RE: RE: RE: RE: RE: RE: RE: Kaminak gains ground o

RE: RE: RE: RE: RE: RE: RE: Kaminak gains ground o

Main thing is how much is gold in the ground valued.At present we are valued  $35/Oz.Carpenter  needs  one drilling season  to expand the tonnage and to get us in the proven category.Let say this time next year we will have  5M Oz  valued $100 and the number of  shares will be at that time 100M. The s/p will be around $5.00 and with T/O premium at least  $ 6.00. We can be certain Carpenter will deliver the gold,most likely there will be PP only unknown is price of gold in the ground.IMO should go higher because right now is  next to nothing.To get where we are cost us $15/Oz. Our gold is valued  $35/Oz and it took 2.5 years. This part of eqution   MUST  go higher.

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