SI
SI
discoversearch

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 : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harry K who wrote (1094)11/16/1998 3:37:00 PM
From: Kaiser Soza  Read Replies (1) of 1348
 
Hi Harry, Thanks for your update. It was nice to see EXR and UKH do a deal, since EXR is one of the Archer Stephen group of companies and Al Archer (among others) is an ex-director of UKH. If/when the financing comes through, it will be essential to have the expertise of the Archer Stephen group behind the project. Archer was the mine manager of Keno many years back, and his knowledge of the property is second to none. EXR is not trading much but is rather similar to UKH in that they have already made discoveries such as the Ice Property. The big uncertainty is ownership of the "Wolverine". New president Dr. Harlan Meade (ex head of exploration at Westmin) structured a deal with Boliden where EXR will own 60% of the Wolverine property. Atna Resources was pissed off with this and launched a suit against Boliden saying it went against Atna's "right of first refusal". Court date is set for the end of this month. EXR also has a technology which could end up solving the Selenium problem which would instantly make this great property "economic". If the court fight goes in favor of Boliden/EXR it should move the shares. Also, any successes in Yukon related companies can only help UKH. Regards, Kaiser...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext