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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 > Did Well Here
View:
Post by HillsboroughMan on May 16, 2016 1:31pm

Did Well Here

However, I think an argument could be made for a competing bid. The venture is still close to the bottom of a brutal bear and has only just been thrown a lifeline since January. It is mere pocket change for a competitor to pay the 20M break fee and sweeten the offer a little or else they have to just go look for the next best project down the list and compete on those prospects. Years down the road they will only dream of such opportunities.
Comment by termic1 on May 17, 2016 11:34am
I agree.  They should get another bid but I am not sure if I am going to wait or not at this point.
Comment by armchairanalyst on May 18, 2016 4:58pm
This post has been removed in accordance with Community Policy