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Kennametal Inc V.KMT


Primary Symbol: KMT

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.


NYSE:KMT - Post by User

Bullboard Posts
Post by atikaon Jul 12, 2015 8:54pm
92 Views
Post# 23916645

Before and after the AGM !!!

Before and after the AGM !!!
Well, my friends, I learned more than you can think of last Friday at Komet's AGM. I already knew that Mr Andr Gagn - CEO - made a great acquisition when he bought the Guiro project from Stremco in 2014. I knew as well that Komet was not a single man company, but a very talented and experienced team. I knew as well that we have very high caliber shareholders; some are rich, some are very rich and some are very knowledgeable - I mean geologist or mining engineer.
What I did not know before the AGM was that Robert Wares - the geologist behind Osisko's success and the most important Komet's shareholder - was just coming from a visit of the Guiro permit. With all his credibility and conservatism, Mr Wares was not able to hide his excitement. He showed us many pictures of what he saw recently and shared his thoughts concerning the future development of Komet. Two comments were of particular importance to me : First, he was amazed by the fact that no drilling has been done on many structures with visible gold; second, he said that Komet has an extraordinary potential of becoming a multi million ounces of gold deposit !
Well, my friends, I can tell you that the promotionnal dimension of Komet is now trailing behind his geological mining potential. We won't stay here very long...
Bullboard Posts