well i tend to see the global picture a little diffenrently.

i think the majors will look for opportunities and they will find a lot.

starting from there they will be in the driver seat,

for an explorer such kodiak who have zero intention of producing

they could be stuck between a rock and a hard place even whit an interesting proven resource if this proven resource is not proven real soon.

offer versus demand is the only law in the business , if the economy is going to stay on the trend we know , well the offer will explode which will give the majors all the power to negotiate their way.

i think they will have to come out

1- very soon to be the most attractive target

2-very strong because 3 or 4 million onces won t push the share price over 5-6 dollars exept if the gold gurus are proven right for once whit their prediction for gold to reach 1500-2000 $

finaly in the present situation i m not sure that the pp participants would not be happy to just have their money back even whitout any profit

i m looking forward for good news , i don t know what plan does this management following right now but one thing is sure there is no panic sale despite the lack of informations but i don t see how this stock could stand over 50-55 cents whitout excellent news before year end.

good luck to all i m going far far south where the sun will replace for some weeks the profits i don t see anywhere in my pf.

take all good care and keep the faith

dmaster