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Westkam Gold Corp V.WKG

Alternate Symbol(s):  WKGFF

WestKam Gold Corp. is a Canadian junior gold exploration company. The Company is focused on exploring and developing projects in Western Canada. The Company has a 100% undivided interest in the Will mineral claim property. The property is situated within the Bridge River mining district in southwestern British Columbia and covers approximately 1142.47 hectares. It has also signed a letter of intent (LOI) to acquire approximately 100% interest in 131 lode claims in Grand County, Utah, covering 2,649 acres, called the Powerline One Project (the Powerline). The Powerline lies within sedimentary rocks of the Colorado Plateau, the prolific uranium mining region in the United States.


TSXV:WKG - Post by User

Bullboard Posts
Comment by JUICE01on Dec 05, 2019 10:51pm
175 Views
Post# 30427610

RE:RE:RE:RE:RE:RE:CONSOLIDATION

RE:RE:RE:RE:RE:RE:CONSOLIDATIONIts called a reverse split indy1000, companies do this for a couple reason, for example, to prevent getting delisted from the exchange, it makes it seem like the stock/company has value, another reason is to make the stock look attractive for new investors.. to decrease the share float so new investors see its a low number of shares outstanding and that will trigger buying. The only way this company will survive is if they have an operating mine or a good gold deposits on the land that can be potentially mined. This company has not generated any revenues and hopefully they have a plan.. until then I would not invest until you see positive results or cash investments from firms. I myself hold some shares here but I only bought with wishful thinking !! Hopefully thats simple enough for you ! Cheers !!
Bullboard Posts