I don't have any experience with this, but here is my guess.

They will have an audit of all their divisions to determine a fair valuation and crystalize that value on some date (split date). At the time of the split, our Kodiak shares will be converted to the same number of shares in each of the three companies. Each company's SP will be based on the valuation and be some % of the origianl Kodiak SP.

For example, using easy numbers for demonstration purposes only:

Audit valuation for Kodiak is 500 million and o/s 100 million give SP = $5.00 (just an example)

Presious metals % of valuation 60% or 300 million

Base metals % of valuation 20% 100 million

Energy % of valuation 20% or 100 million

Let's say you own 10,000 shares of Kodiak. After the split you would own:

Kodiak Gold - 10,000 shares at SP $3.00

Kodiak Base metals - 10,000 shares @ $1.00

Kodiak Energy - 10,00 shares @ $1.00

This scheme would preserve your original investment in my opinion. I don't know if this is what they will do... but my guess is it will be something like this.