Replies to post #195754 on Golkor Inc (GKOR)

[gump90]

The Ekom Eya is 100 % UNPROVEN. Guesswork on the part of Pickett. The thing is so tiny Abe. It is a joke. The plan is to process the former mill tailings plus the old mine DUMPS. These have not been fully or properly sampled yet. Then after that they say they will go down again into the tiny worn-out mine workings that are there. Quite Mickey Mouse. A bunch of old guys with a well paying hobby. Those salaries are obscene. And wasn't that Sullivan guy the owner of a janitor service ? Like Stead was a home renovator. They are all triflers. Mine operating is serious business and requires a lot of work. These people are PEOPLE miners and PAPER hangers. Shares -- that is. Good luck to you in your hyping. It is going to be a tough sell .. the story - I mean.

[hotdog1012]

For sake-of-arguement...and to give some pessimistic-points to those who are doubters...

Let's say that instead of 6.0 g/t, it's exactly the same as Noble (which is proven and was worthy to be invested in).

That would mean that KATX's Kat Ekom Eya would still yield 2,582,258 grams of gold or 90,379 ounces of gold. That multiplied by $1600 oz is worth $144.60 million

So being ultra conservative, and using the lower grade that is equal to their neigbhor's proven resources, wouldn't it be a smart investment of $7 million to get $144 Million in gold?

I think Ken and company have made a very wise speculation.