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Kermode Resources Ltd V.KLM

Alternate Symbol(s):  KMDRF

Kermode Resources Ltd. is a Canada-based junior mining company. The Company’s main business is the acquisition, exploration and development of natural resource properties. Its exploration properties include Lucky Strike, Star of the West, Caycuse Copper, Loup Creek, and Santana Mines (LOI). The Lucky Strike property is located in Nitinat, British Columbia and covers an area of approximately 3005 hectares. The Star of the West property is located in Port Alberni, British Columbia and covers an area of 3427 hectares. Its Caycuse Copper property is located in Caycuse, British Columbia and covers an area of 1532 hectares. The Loup Creek property is located 30 kilometers (kms) from Lake Cowichan and is accessible through the Gordon River Main Logging Road. The Santana Mines is located at Quadra Island, British Columbia. The Company also has an option agreement to acquire three properties, namely 911 Knockout, Eastgate BC and Slesse Creek.


TSXV:KLM - Post by User

Post by GETaLONGon Nov 24, 2022 11:42am
127 Views
Post# 35125262

Again, I will ask this question: What is the 'difference'

Again, I will ask this question: What is the 'difference' between acquiring "Properties" vs. "Projects"? 

I don't want to assume and the New Releases/Website do not provide the details/maps to make a proper assessment to the value of the Company and the future capital needed for the advancement of said 'Deals'.

The word, "Project" implies 'near term' or production activity.  There is a large differential between a 'moose pasture' claim and a 'revenue ready' Project.

To be able to state that a property is a 'Copper' Project,  it would 'convey' that a certain amount of diagnostic testing has already been completed.

There must be more 'details' than what the News Release provided, regarding the vetting process, that could be revealed to the Shareholders.  Why the seemingly 'void-of-specifics' press statement.

That is hardly the PR path to transparency.    Just sayin'


Dear Management,

Regarding the 'information divulgence cycle'    Bump it up a notch!


Thank You,   Just trying to understand the [AD]Venture 'Process'.

Small Shareholder looking forward to 2023 !

Go Kermode !!


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