Hughes has his own companies, and a full dance card with them no doubt, he's still on the ktn board and likely will be for the foreseeable future, as he and Jim go back a long ways and the alliance has been mutually beneficial, but my sense of it is that he doesn't have much to do with company strategy or tactics ... just look at Kootenay's history of financings, each one higher and funds applied not only to acquisition but the majority to solid effective action, advancing properties and not just stacking up the title deeds ... compare with ks.v - complete opposite, Hughes et al will get active there but you wouldn't want to hold your breath waiting ... they're waiting on the price of silver, basically, imho
Had a long interesting conversation about silver yesterday, no new details we haven't heard here, but the fervour from one guy i respect was good to see, he figures that for all of Mr Hommel's oddities he does get a few principal points right - there is not a lot of silver around, and a new consumptive use, and/or any pickup in speculative demand, could pull the Au/Ag ratio to 40 or below in short order ... 1200 gold divided by 30 silver, were his rough numbers, and not too far away, likely this year ... two non-metals types listening closely, one a smart guy who did well in tech years ago and energy/alt-energy since, i was left with the feeling he'd have something in silver on his screen this morning |
