Replies to post #26818 on Golkor Inc (GKOR)

[relikwie]

Well, risking to be flamed here, wakening an old discussion regarding the $5 million investment for how many shares. If the $1 million was for 50.000.000 shares then the diff between O/S and A/S makes sense in needing them for the additional $4 million if KAT succeeds on the terms the investor has brought.

The issue with KATX and why it does not trade above the dime is all due the financing. Maybe Ken should clear this A/S figure in one of his mails instead of forward looking statements about the amount of gold at Handcamp.

Do not get me wrong, I invested half my spare money here. But am just skeptical by nature :)

[Penny59]

I wouldn't read too much into this. Ken did say the share structure would not change unless there is a need to do so for a JV. If true to his word, and he has been, we are at the present structure until a JV and then whatever is negotiated will determine the share structure. I have never been in a penny that has not diluted the stock. There's always a first, thankfully.

[chloebware]

This guy is as good as they come. He knows all the tricks and as an added bonus you string along mining stocks with weather, drilling reports and buying of land next door. This guy is good.

[Mr. Zen]

If someone is going to joint venture one of these properties why do you think it will cost KAT Ex anything? Why would Kat hand over anything for somone to get a piece of their pie?

It works the other way around, if XYZ company wants to joint venture they pay for the privilage, by promising to pay for exploration in exchange for a percentage of the property.

The remaining unused authorized can be used for new property acquisitions, that works for me.