TSXV:KEN.H - Post by User
Comment by
Nuggetcatcheron Dec 21, 2017 4:56am
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Post# 27202573
RE:RE:RE:RE:Kenadyr IR expenses over $1 mil last quarter
RE:RE:RE:RE:Kenadyr IR expenses over $1 mil last quarterBrilliant line of thought actually Topcat . You are most likely onto something. It could also have been related to Borubai and maintaining that license in good standing. I was quite puzzled though how the hell KEN got its hands on so much premium exploration ground all at one time spread over thre or four concessions. Your thoughts would go a long way to explaining that. I never did get a call back so wasnt happy about that but because KEN has so many outstanding assets vs their market cap I added 80K more and have a bid sitting for another 100K if we happen to see a slip to .15 again. I doubt it but can always move my bid up after Christmas if it does not fill. North of 1/2 mil on KEN now and pretty excited about their 2018 season.
I suspect Zijin will make a move to T/O Borubai in 2018 and kind of think they may have already talked. It would certainly explain KEN going out and getting all that exploration land even though they have a lot of work to do at Borubai with so much unexplored ground there. Man if they sell Borubai and walk away loaded with cash and all those great properties to explore this one could see a huge move.