kazakstan goldfields symbol kgfc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : kazakstan goldfields symbol kgfc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jesse who wrote (140)	6/4/1997 1:46:00 PM
From: Cussy the Windsurfer	of 367

Hi Everyone... Quick update on KGFC... Looks like something is in the works and will be making us all more clear in about a month:) If I asume correctly, look for a significant increase in share volume over the next 4 weeks, particularly 3 weeks from now... This increase in volume (if we see it) should substanciate something to be comming... Here is the latest from IR from "CHUCK" on stockhouse (CGZ thread)... ***************************** Hello Folks! I just got off the phone with investor relations - the questions I asked were mostly open ended things taken from previous news releases. These are not quotes just what I think I heard - please phone the company for clarification on any of these points. 1) Are there any plans to drill the Novodneprovskoe prospect? it is not a high priority at the moment the company wants to focus its attention on Raigorodok and Ortasay. 2) How far into the spring/summer drill program are they at Ortasay? presently drilling should see results shortly. 3) Have the assay results for holes 9 & 15 at Raigorodok been received? 15 is back and part of 9. still waiting on half of 9. expect a news release next week with these results as well as updated reserves for Raigorodok. 4) When will the updated reserves for Ortasay and Ashiktas be available? at the conclusion of drilling 5) Where are Investors Group in terms of dumping their stock? there is a seller in the market. because IG owns less than 10% of the outstanding of CGZ there is no requirement to report transactions. whether or not the seller is IG is unknown it is difficult to trace past the brokerage house. 6) When will the website be up and running? they were going to be talking to the guy today. they are anxious to get the site up so they can get the annnual report on there. At this point in the conversation I began to ask ir about any promotion the company may have planned to try and bolster the stock price. He said we should see something in the next month or so but he was unable to comment further. I then asked when the AGM was scheduled for and was told July 31 he was unable to tell me however, what was on the agenda. Finally I asked him if he had read a copy of the source's latest comments in the Insider Report regarding the possible interest of majors if the stock price did not do something soon, they replied "no comment" I then began asking questions on KGFC. I was part way through my list when I was told that I could ask all the questions I wanted to but it would not matter because it would all be redundant a month from now anyway. I asked if there was a connection between this and the AGM and was told there was. I asked if I would be happy as a shareholder and he said yes, to call him in a month or so. I am not an expert as it relates to any aspect of the stock market. I would really appreciate if someone else could take the time to phone the company, and try and get a handle on what is going on. I look forward to anothers interpretation of things. Hope I was of some help thanks to all. chuck ********************************* Comments??? :) Cussy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next