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Re: TMehl post# 3288

Monday, 11/21/2011 11:11:56 PM

Monday, November 21, 2011 11:11:56 PM

Post# of 12573
It may be a priority,but #2.IMHO,since EXS signed a CA
which involves TPW,that property is most likely #1.Most of the drilling has been there because the major is investigating the property to see if they want to participate,material-wise,resulting in a JV.KC has been drilled some over the years,since 2008.However,since there is limited time to drill,because a freeze is needed,we hear a lot more about TPW.
KC could however wind up being buoght out by another company,if
they like what they see.When it is all said and done,KC may surprise many if a buyout takes place from a major for them.
I agree with you it could be valuable,because other companies tried to get the last parcel of ground that wound up in EXS's
hands.This post predicts KC at #2 for final value,when everything
gets bought out in the end.In order for that to happen,more VMS
must be found.Time will tell and KC should be interesting to watch also.
At #3,I put,EL.They found a good intersect of gold,but nothing after.However,I read an article where CD stated that a
good size porphyry is there if I remember correctly.After we get more funding,we can drill deeper on this property,where it looks like the best gold will be found.A buyout of one of the top 2 properties will produce the needed money to drill wherever needed.
CDLGold
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