Doug
Cook Property
I understand from reading your reports that you want to test a theory on where you feel significant mineralization may occur. I have learned about the merits of this property a long time ago and I have confidence in management, I believe your pr efforts should be beneficial as the stock, although by no means tight, is well structured for a rewarding play, given we indeed find the beef.
The comment made by Stockhouse that KRL is "well worth the price of admission" is very well stated indeed.
I have been hard pressed to find a stock like yours that has a diverse portfolio of well structured grassroot plays in Canada with a low market cap., and a low penny price and an active pr campaign just underway.
Raising money for this type of play should be more attractive to the investment community in the mid term.
But some reality checks for now before I get too carried away selflessly loving what the stock will likely do for my pocket book...
Will there be enough money to properly test this geological theory?
More specifically, if the results are only still geologically promising, will the amount of work be really enough for a strong j.v deal and/or a much needed significant financing for KRL?
In turn, what are your minimum expectations from this work program?
In addition, what is the duration of the actual work program based on the current budget?
Present a time map of major events given that Day 1 is not set.
When is the end of the normal drilling season given that we will advance to Stage 2?
How much of the funds raised were allocated to pay off current liabilities of around $100,000, per my understanding and last quarterly statement?
I look forward to your comments on the board, and please note that there are many lookers who will follow the stock on these boards who don't comment so please keep that information flowing as your comments are not only beneficial but also much appreciated, and should remain so ; as long as the wine we share doesn't prematurely age - and remains truely Bonvino. |
