KAMINAK GOLD CORPORATION V.KAM

Sold a third

[radar17]

@ $1.87 to lock in some profits - just too tempting at this level. Letting the rest ride.

Best of luck.

[termic1]

It is good that you are willing to take profits and not be too greedy, but I see this as another stock with a very high upside in a rising gold environment.  As a matter of fact, this one really moves up rapidly with gold.  However, I expect it to take three runs at breaking out above the previous 52 week high which was about $1.84 or $1.85 as i recall.  I don't worry about that

[mary-ally-smith]

Congratulations, a profit is a profit.

[copperking29]

wha'ts the take out price here that the company would take? $2.5? $3? 

[cyril17]

Well,T/O price depends on how much is an ounce of gold  valued in the ground.We have about 3M indicated and 2M inferred oz.So right now our proven gold is valued for about S100/oz Not much....Gold price has to rise and we need more oz proven and more work done on the property and with the goverment.Not sure how much was gold in the ground worth in recent take overs.Maybee someone knows

[metalsrocker]

Gren Thomas talks exploration Gren Thomas talks about exploration. Eira comes up too. Great listen.

[copperking29]

That was a good interview. Exploration runs in the family. These heap leaches eat up a lot of water. Are water permits tough to get up north? Thanks

[phoenix_trader]

Two licences are required, the first is a Quartz Mining Licence, the second is the Water Licence. YESAB is the Yukon agency that processes the applications. Victoria Gold's Eagle project received the Water Licence late 2015. The last two Quartz Mining licences involved about 800 days to process and the Water licence about a year. That's over three years of dealing with special interest

[termic1]

Why do you deem it necesary to denegrate another stock.  I appreciate posts of up and coming juniors and providing details of their current status is also a good approach allowing others to do their own DD.  What I don't understand is why you are attacking this stock which has gone up over 50%, at least for me so i am very happy with it. The fact is that Kam is one of the best

[termic1]

Why do you deem it necesary to denegrate another stock.  I appreciate posts of up and coming juniors and providing details of their current status is also a good approach allowing others to do their own DD.  What I don't understand is why you are attacking this stock which has gone up over 50%, at least for me so i am very happy with it. The fact is that Kam is one of the best

[pjmcarlson]

Phoenix comes over to this board once in awhile to bash. He posts nonstop about Victoria gold on that board, which is fine but stay there! Why he comes over here as a troll I have no idea. I guess we could pay him a visit over there and just say stupid things about his precious Victoria, but nah, no need to. Kaminak will mine eventually at an all in cost that a lot of miners dream of.

[phoenix_trader]

No bashing intended, I answered the posters questions about licences including the all important Water Licence which is required before operation. If KAM can shorten the years spent at YESAB that's great. VIT has obviously thought highly of JDS's work on the Coffee feasibility study.....................................VICTORIA GOLD ENGAGES JDS TO LEAD THE EAGLE FEASIBILITY STUDY UPDATE

[termic1]

Yea, I was just wondering. We use to have a lot of shorts or potential takeover targets do this in order to drive the stock down, but that is actually a useless tactic unless someone is desperate in my opinion. As I stated before, I like to share juniors particularly as they run. I mentioned before the big run up, Dalradian, which I think will continue upwards as it should continue with new news