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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 > Green in a sea of Red
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Post by gnawitall on May 09, 2016 10:18pm

Green in a sea of Red

The counter movement to the POG is most likely due to manipulation ! but could it be that the stock is being acquired for takeover - the volume of stock is a bit suspicious - less than it should be I think.
Kaminak has a ' Box " ( like all other mining stocks ! ' - manipulation is so common - The wait for a pay day seems to me to be so far away - and with this one - the likely hood of Kaminak ever paying a shareholder even a penny in dividend is several billion to one ! I can think of a lot of better things to do with money than buy this ' pig in the poke ' ! I'm in and out in a few hours - definitely not several years of waiting . The way the gold market is set up is totally wrong - i think it has about three heavy weights that can do anything they feel like doing on a world scale . Just look at the spread in the last 24 hours - thirty bucks or more !
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