Golden Knight Resources GKR-VSE Message Board

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Gold/Mining/Energy : Golden Knight Resources GKR-VSE

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To: baystock who wrote (44)	12/23/1998 8:57:00 AM
From: dave brown	Read Replies (1) of 63

Management has put money where their mouth is. Investment in Tarkwa is now starting to provide cash flow ($4.0 million/year)and with five or six other concessions in the country other possibilities exist for the same reward. They have a very aggressive management style, hence the quick investment in Cross Lake ($4.15 million). At the time hole 16 was pulled, GKR really had no choice but to take a bigger piece of the pie before someone else did. I am sure Mr.Q is not impressed by the way CRN is burning up the cash, but in the end there is a real possibility for a big payoff in Timmins. I am sure Teck is also anxious to see a massive base metals camp at Nighthawk Lake for a nice return for their 25% stake in GKR. All the right ingredients are there, just keep drilling. GKR situation is no different than 99.9% of other juniors out there trying to make a living. But they have a number of excellent opportunities and good management. Stock is a steal under 50 cents.

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