KCAP - Key Capital Corporation Message Board

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Microcap & Penny Stocks : KCAP - Key Capital Corporation

KCAP 1.960

+2.6%

Jan 21 4:00 PM EST

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To: zgoodman who wrote (30)	8/6/1998 3:39:00 PM
From: Bisset	Read Replies (1) of 459

<<...this seems of a scope that maybe only the largest mining firms in the world might undertake.>> You're right, of course. The gameplan all along was to develop the properties through an accelerated drilling program to further "prove-up" these resources. Once enough assays have been completed to "western" standards, Mosquito (KeyCap's joint venture partner) will shop the properties to Barrick, Phelps-Dodge, Placer Dome, and the like. The fact is, most of the properties in the joint venture have already been well-proven, but by strictly Russian standards. These standards have always been very difficult to "transpose" to North American methodology. Hence, Mosquito's ongoing efforts to develop these mines with in-fill drilling, trenching, etc. Bisset

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