KAMINAK GOLD CORPORATION V.KAM

The train is coming back into the station !

[gnawitall]

I had hoped that all the dreamy thoughts of the ' Kom-in-Mac  Stockhouse speculators ' were
right and that this thing was going to expand at the speed of light  ! It would have made a nice short higher up . But a buck -fifty and a lot of selling pressure and the ' train is coming back into the station '. I read that one or two dreamers believe that four and five dollars PS is possible - but the math doesn't work quite right. And a takeover - from my point of view  at more than the current price this morning ( !.30 Can $ ) is a lot more than it is worth ! Gnaw the facts - not the dreams of greedy speculators . If the ' proven resource ' is greater by two or three times then it it's worth more of course - but in the back of my mind I do wonder a bit about this - Perhaps we are all being deceived about the potential size of the mine here ? - as far as I'm concerned , anything is possible - Not that I am truly trying to cast enough doubt on this issue to propel the stock in any direction.
For the small investor shorting is a lot more reliable than going long - especilly mining stocks -
let the promotors ' Pump ' and when they stick their heads up to high - chop them off at the neck -
The stock market always needs ' butchers ' - especially those that can reason value to the nth. degree ...............

[domcolumba]

Gnaw You make some valid points. I never mentioned a buyout price nor even a buyout. That was John Kaiser on BNN. My target was $2 And You can be sure there will be no buyout until KAM is well advanced on the permitting. All venture exchange stocks are a big gamble it's why I only invest my casino cash. Good luck.

[rayme]

I would think a $2 buyout is a bit conservative, from the Jan PEA 1,862,000 ounces of gold produced after average metallurgical gold recoveries of 86.3%; Total cash cost estimated at US$482 /oz Au (including royalties, refining and transport) and an all-in sustaining cost (as defined by the World Gold Council less Corporate G&A) estimated at US$550/oz Au, generating an operating margin of US

[domcolumba]

Rayme I crunched the numbers assuming an $1100, then $1200 and $1300. Now if the POG could finish the year at $1400 the zeros were too many for my little calculator. Either way we will be seeing lots of GREEN like today on St Patrick's Day.. GL

[docstrange]

good points but the bottom line is the price of gold if gold goes to $1500 and CAD $ stays in the $1.25-$1.30 range share price should be $1.80-$2.00 Take a profit buy back in on pull backs seems like $1.28-$1.32 is the support level for now Good Luck to all