RE:RE:RE:Highly speculative investorswow, thanks for the info Joeman, are you still steaming from NMX loss?
Have you ever been to Yukon? I have...on KG land and saw it with my own eyes....LOL
Have you heard of Koffee deposit? it sold and it is close to KG, yes in Yukon...
Have you heard of GOLD RUSH? yes also in Yukon...
Go read a book Joeman and educate ourself.
joeman wrote: KG reminds me of NMX, brings in new investors for 17 cents, dilutions, no mine, no production, all speculation, release a few forward looking statements, pump and dump, repeat. The problem is, the Yukon is not a mining friendly environment, it's harsh, cold, expensive, in fact they only are drilling a few months of the year. Also, it's unproven that mining from the mountain is going to be cost effective rather than from the valley. Gold is heavy, it sinks , is the gold? yes, is it cost effective? what will be the ASIC ? I suspect it will cost 1200 dollars per ounce in the most optimistic estimates, there's just too many other easier proven and cheaper gold available. KG is a novelty, the only person going to get rich is a few people on the board of KG, even then, they might canibalize themselves in the end. Who will buy this asset? They'll buy it if KG sells it cheap enough.
Calgary_AB wrote: people taking some profits...but for the long run this will be big...
it's one good hole away from over 0.40 again.
You never know when a good result comes in and everyone wants in again
Jimbofunk1 wrote: Must have bought in just in case an enormous hit happened. Once good but not incredible results came in they got out. That has to be where this downward pressure on the sp is coming from.