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Message: a little press for KXL

a little press for KXL

posted on Aug 16, 2008 03:04PM

The most recent issue of Investor's Digest of Canada has a small paragraph in relation to the National Bank Financial coverage of KXL on page 463. I'll transcribe verbatim for everyonel, though nothing really new:

Analyst Brian Christie is beginning coverage of junior gold explorer Kodiak Exploration Ltd. (KXL-TSX/VEN, $2.26) with a stock rating of "outperform" and a risk rating of "speculative". His 12-month target for the share price is $5.50

"We believe that Kodiak is an exciting new Canadian exploration play with good potential to discover a high-margin gold deposit in the Geraldton-Beardmore area," he said in a recent report on the company.

Kodiak's Hercules property, where new high-grade quartz veins have been discovered over a large area, "could be a company-maker," he said. A 60,000 - metre drill program, costing $13 million, is underway to evaluate the vein system.

CK.

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Aug 16, 2008 03:36PM
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