Klondike Gold Corp V.KG

Alternate Symbol(s): KDKGF

Metals & Mining Gold

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.

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Klondike Gold Corp

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Post by cguyon Jun 06, 2005 10:00pm

260 Views

Post# 9124634

OK

What is going to happen as far as the shares go with this spin-off.The news release said 1 for 1, so let me get this straight. If I have, say, 100k shares, am I going to get 100k shares of the new company and still retain the 100k that I have of Klondike Gold, and the shares for both companies will be trading at 1/2 the price they are today? Or am I wrong? Anyone... cguy

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