Replies to post #50433 on Golkor Inc (GKOR)

[U2010T]

How did their surface samples compare to ours?

[Grahamber]

ErOck,

You stated the comparison of UXG going from .30 to $3.00 in a short time. That is a great comparison, but just think if UXG was being done for the first time today in this new time of World Wide Uncertanty. The wealthiest nations of the world are upside down in solialist spending and are printing money like mad. If it wasn't for the cheap goods coming out of China the inflation in all the industrialized nations would be crazy high. In the old economies when a nation printed too much money there was too few goods for the surplus of money availabe, but now that we have this world wide economy we can hide inflation because we can import unlimited amounts of goods at cheap prices and keep inflation in check, but the proverbial "Chickens Are Coming Home To Roost" may be about to play out. Countries want Gold and people want gold. We have a new gold rush starting and if we have anymore nations defaulting it will get worse. WE are in a perfect storm for gold and precious metal. I think if UXG would have been drilled this year the price would have been double or triple for a while and if KATX comes out with much higher numbers than UXG then we may see double or triple their hypothetically stated numbers. So, instead of UXG having $3 dollars what if it were $6 or $9 dollars? Then KATX maybe $12 to $27... Just a thought... P/E and market cap will have nothing to do with the price, at least for a while...... JMHO.. Thanks ErOck, Grahamber

In reply to ErOcks statement:

Whats scarry is, we got alot of very good gold mines close to Handcamp. You got the boys over at Viper, which have found around 3 g/t, you got the guys over at duck point which have a good mine too. But the numbers we have found in our surface samples BLOW out of the water not only the other mines around us, but also any exploration company I have researched.



I always like to compare KATX to UXG. They were at around 30 cents a share when they started test drilling. They then announced the results and over that time frame went from .30 to $3. Their O/S was around 100 million though, but like you noted in your comparison, UXG only found around 2.86 g/t in their best drill core result. I expect ours to be many times higher than that!