Gold and Silver Juniors, Mid-tiers and Producers 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 : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: ItsAllCyclical	2/21/2008 12:11:05 PM
	Read Replies (1) of 78420

Well nobody seems to care about KBX, but to set the record straight they currently have 1.9 mil oz in resources vs 3+ I stated yesterday. Still very cheap at $22/oz. Waiting on silver recovery information which has been big uncertainty holding stock back. Should be in the next few weeks from the sounds of it. Current modeling is anywhere from 10-100%. Deposit is about 37% silver the rest gold. Mexico location. Open pit mining w/underground mining likely. Deposit open at depth. New drilling will focus on > 300 feet and will be out early summer. Most of property unexplored. 1.3 mil shares short all recently around $1 prior to recent PP. According to IR they are not related. Shorts correctly figured they needed cash, but hoped they'd be able to cover in general market. No such luck. See how it gets resolved. Current pres on website getting updated, but IR will send old if needed. Still looks interesting. IR very helpful and available.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next