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Klondike Gold Corp V.KG

Alternate Symbol(s):  KDKGF

Klondike Gold Corp. is a Canada-based gold exploration company. The Company is engaged in advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the Klondike Goldfields placer district. Its Yukon Placer Gold properties include the Upper Eldorado Creek, Eldorado Creek Bench and Montana Creek (McKinnon Creek or Indian River) Placer Projects. The Company holds interest in the mining claims, such as the Sophie mining claims, and the Burkhard claims. The Company also has an interest in the Gimlexs mining claims located in the Dawson mining district, Yukon Territory. Its Upper Eldorado Creek property is contained wholly within the Company’s Klondike District Property, Yukon Territory. The Company also holds a 100% interest in the Montana Creek Placer Project property located south of Dawson City, Yukon Territory.


TSXV:KG - Post by User

Bullboard Posts
Comment by louelon Feb 08, 2020 1:14pm
124 Views
Post# 30662510

RE:RE:Company is almost broke right now

RE:RE:Company is almost broke right nowSome don't understand Junior explorers do not have a revenue stream.   They don't have a mine or resource.   Rather Juniors have the task of discovering mineral deposits.   The only source of income untill they find a marketable deposit is Dilution .   Issuance of shares in the company in exchange for money.     

If the Share float gets to large before discovery they simply roll it back and continue on doing PPs to fund their search.     Very High risk for investors.  In turn if they are successfull very high returns.    
  Less than 5% of exploration ventures ever turn into a profitable mine.   So one has to be vigillant   for the most part Juniors are trading stocks not investments.    Buy a good package low take investment back on the highs.  Let profits portion ride in shares and repeat.  If it does collapse all that is lost is the gain.  Initial investment is still in the trading acct for another run at something else.   
Bullboard Posts