LKA Gold, Inc. (LKAI)

[ChuckD-MSB]

The way I read it, LKAI gets no money upfront, they are only allowing Kinross to drill and if over the next 5 years they locate 50K ozs. LKAI has the option to reimburse Kinross for 40% of their costs in exchange for a 35% interest. (where will those funds come from?)

Guess its an ok deal since LKAI does not have the money to explore but means nothing short term to medium term.