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Message: Sage News

Re: wmn/fdrake - explorationguy

posted on Sep 18, 2009 04:23PM

The September 14 press release indicates why the West Geraldton, Brenbar and Wild Goose properties were drilled first and hence why those results were available before any GM assays. It states " Kodiak’s summer drill program initially focused on regional projects, in order to fully evaluate those projects before significant option payments had to be made. ". Yes they are sideshows but hold some promise that can now be dealt with at a later date. The West Geraldton property is particularly interesting and worth holding onto because it lies on the Portage shear which has historical gold production along it. If the option obligations are not fulfilled then you lose the property. I do agree that the main event will be the next batch of GM results. We will sink or soar based on those assay results and all the other "irons in the fire" will not help the share price.

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