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Bullboard - Stock Discussion Forum Kermode Resources Ltd V.KLM

Alternate Symbol(s):  KMDRF

Kermode Resources Ltd. is a Canada-based junior mining company. The Company’s main business is the acquisition, exploration and development of natural resource properties. Its exploration properties include Lucky Strike, Star of the West, Caycuse Copper, Loup Creek, and Santana Mines (LOI). The Lucky Strike property is located in Nitinat, British Columbia and covers an area of approximately... see more

TSXV:KLM - Post Discussion

Kermode Resources Ltd > Again, I will ask this question: What is the 'difference'
View:
Post by GETaLONG on Nov 24, 2022 11:42am

Again, I will ask this question: What is the 'difference'

between acquiring "Properties" vs. "Projects"? 

I don't want to assume and the New Releases/Website do not provide the details/maps to make a proper assessment to the value of the Company and the future capital needed for the advancement of said 'Deals'.

The word, "Project" implies 'near term' or production activity.  There is a large differential between a 'moose pasture' claim and a 'revenue ready' Project.

To be able to state that a property is a 'Copper' Project,  it would 'convey' that a certain amount of diagnostic testing has already been completed.

There must be more 'details' than what the News Release provided, regarding the vetting process, that could be revealed to the Shareholders.  Why the seemingly 'void-of-specifics' press statement.

That is hardly the PR path to transparency.    Just sayin'


Dear Management,

Regarding the 'information divulgence cycle'    Bump it up a notch!


Thank You,   Just trying to understand the [AD]Venture 'Process'.

Small Shareholder looking forward to 2023 !

Go Kermode !!
Comment by yureja28 on Nov 25, 2022 1:20am
This post has been removed in accordance with Community Policy
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