Chuck, you must be new to the industry. I have never seen a major do a deal like this. Period. They agreed to take on 100% of the exploration risk. Its an ok deal??? Well, what would be a good deal? This is fantastic! Exploring all of those claims could take 40-50 mill. LKA gets a free ride. No money up front? Man, thats an interesting take on this deal. I have never seen a joint venture like this where the small company doesn't have to put up a dime. Youre a hard guy to please
Not to mention that its a deal with the worlds fifth largest gold producer. These guys are moth balling and terminating exploration projects all over the world. And they cut a deal like this with LKA??? This project has NEVER had a bigger vote of confidence. Majors have absolutely slashed their exploration budgets. They get it. They must think its there, and in a big way. I'm absolutely blown away anyone could be anything but ecstatic
News 
Market Data 
Discover 
