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Bullboard - Stock Discussion Forum KAMINAK GOLD CORPORATION V.KAM

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties... see more

TSXV:KAM - Post Discussion

KAMINAK GOLD CORPORATION > Warrants accelerated - Will holders sell common to lock .30?
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Post by phoenix_trader on Apr 04, 2016 3:40pm

Warrants accelerated - Will holders sell common to lock .30?

VIT has big move up today, fraction of KAM MC, four years ahead on Permit roadmap. Kinross logical buyer of VIT. Drills turning to add value to bankable Feasibility study.
Comment by mackvorkian on Apr 11, 2016 9:27am
I think that VIT has more upside than KAM over the next 6 months. VIT has twice as many shares out but based on that is still about 1/3 the price and is ready to go, fully permitted. KAM  is a jewel and a premium deposit and is close to a sure thing, but as I said, the short term upside is in VIT. All imo. I do like the basket of gold jr stocks approach. 
Comment by termic1 on Apr 11, 2016 10:18am
I don't like the +300 million shares but they have about 10% in options at .20 which is very acceptable. So, share structure looks good other then so many shares outstanding. I didn't see if they could issue more or not but typically all companies can do that. They also have a low production cost, little over $600 US which is slightly higher then KAM which is in the high $500s. Overall, I ...more  
Comment by mackvorkian on Apr 11, 2016 10:54am
I own some DNA too. DNA is a good looking project and a "sure thing" as far as I can see but the s/p has been doing nothing for the last month. I sold some Friday and bought some more WAF. My GQC is kicking butt and my SVM is red hot. Two stocks I hold that have massive upside potential when gold breaks $1300 are SSP and SPA. I also own AVK and BSX which are doing well among others. My ...more  
Comment by etiennesteve on Apr 11, 2016 11:02pm
why make you think KAM is a premium deposit compared to VIT?