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Bullboard - Stock Discussion Forum Kokanee Minerals Inc V.KOK

TSXV:KOK - Post Discussion

Kokanee Minerals Inc > Am I hearing right ... are the wheels falling off.
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Post by BluesParrot on Feb 18, 2012 2:46am

Am I hearing right ... are the wheels falling off.

Went into the New Offices last week ... no President , no Promoter no geologist no knowledge but some turmoil... got the impression not all was well in the state of Kokanee ...I thought these new guys had some market pizzazz. BKT is drilling next door - Canaco is coming out with a resource - next door .... the stock is lower than Farrage ever let it go ... After looking at how the Lawyer President (Does she have any experience running a junior mineral exploration company??) raped the S[L]UG in 9 months wont leave much in the KOK coffers if she gets her way. You have Canaco (a $2-3 BILLION  deposit perhaps), BKT drilling, Benzu & DLKM (oops new name to protect the guilty??? Handeni Gold inc "HNDI-L - hey isn't that what this new group want to to call KOK....Let hope it doesn't go the same way - umm kick out the old after Financing at
.4 + going down the tubes to
.10 ... does sound familiar!!) - both having drilled and at least reported intersecting reasonable gold over widths ....

What gives here ? Amateur night - but I don't need another long term until they become professional investment!

Comment by oscarduke on Feb 19, 2012 1:01pm
Hmmm, so if I read this correctly you were in their offices last week, was that in Vancouver or Dar es Salaam? Again I assume that you must either work with these people or are close to them if they let you in their offices. So that being said why would you bash the President and the group? Do you have a bone to pick with them? Those allegations that you are making about raping SUG...wow I hope ...more  
Comment by BluesParrot on Feb 21, 2012 11:25am
Sorry Oscar, or is it Mr. Duke because can't be an alias. Dropping into an office with a summoning bell isn't to difficult but finding someone who is knowledgeable is! When I see financials for S[L]UG that shows $350k plus in fees further expenditures of $1.3 m on "stuff" and the financing go from $11.5 TO $7 million in less then 9 months; when I see $800+k on exploration and ...more  
Comment by oscarduke on Feb 21, 2012 5:04pm
So Let's see now, SUG closed a PP in July at .30 with warrants at .50. The stock closed today at .60 hmmm a double in my books and even the warrants are in the money, not bad for a company being raped! I would watch out it seems the best is yet to come, what do you think? KOK closed a PP at .15 that was very oversold I am told and it is trading at .14 but it seems that there might be some ...more  
Comment by BluesParrot on Feb 22, 2012 8:56am
I am not talking about the stock price - it is what I expected from these guys - why I went into the KOK. What concerns me is : 1 no news 2. the financial burn rate with no info... The last news being drilling begining in February ... One investor I know said it bounced off .60 once before (back to the .40's). When I was there no one seemed to know where the president was or when or where they ...more  
Comment by NJimmy on Feb 22, 2012 10:03am
Not normaly a poster but been following this because its close to CAN.   Is it just me or does it seem like BluesParrot is the one with the 'inner knowledge'.   Just my opinion
Comment by oscarduke on Feb 22, 2012 11:42am
You don't care about the stock price that's interesting. There is no use putting out news if you have none to put out the last one was fine so now let's watch as they drill and release results. In one of your posts you said that the President was in France so you know where she was no? Again if you were in my office I would certainly know you well so I think you might be closer than ...more  
Comment by oscarduke on Feb 22, 2012 11:43am
Probably a good assumption.
Comment by BluesParrot on Feb 25, 2012 3:57am
according to OscarDuke it is his office... so I rest my case ! Also have been into CAN's office and can't find their president either... LOL ...but he is a geo not an orchestra maestro and does have a discovery under his belt!
Comment by oscarduke on Feb 25, 2012 9:32am
Not sure what you mean but big guy. Good for the CAN president. Hope you are enjoying yourself over there.
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