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Kootenay Silver Inc. V.KTN

Alternate Symbol(s):  KOOYF

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico, respectively. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. The La Cigarra silver project is located in the state of Chihuahua in the renowned Parral Mining district in north central Mexico. The La Negra silver discovery is situated only 7 kilometers north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. The Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery, located in the state of Sonora, Mexico.


TSXV:KTN - Post by User

Comment by ogedeion Apr 28, 2022 11:39am
333 Views
Post# 34639109

RE:RE:Price

RE:RE:Price
Management's stated intention is to time the La Cigarra updated resource and La Negra maiden resource with a silver price that will maximize return in sale of the two properties. In the meantime, that has the effect of hiding value, which I agree does explain some of the poor valuation compared to peers. Continued expansion of Columba's base should turn heads. They've said there's over 100M Oz of high grade there, with veins open in all directions. The first drill results on this year's program should start being reported in mid to late June, a few weeks before the redemption date. We'll see if they're strong enough to keep warrants from flooding the market.
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