TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Re: Apathy..

Sep 13, 2012 03:46PM

I have been a shareholder for almost four years but my involvement with this company extends to an earlier time when Kodiak was aggressively positioning itself as an exploration company with prospects for a significant discovery. At the time, I had a client who owned a small property adjoining Kodiak's claims in Geraldton that had some drilling carried on many years earlier. The offer negotiated was the usual 3% net smelter, some cash and shares. The deal never came to fruition but Kodiak's shares did seem attractive at $.18. I chose not to buy any at the time to avoid the appearance of a conflict of interest but did follow it as it rocketed all the way to $5.00 and eventually bought some in early 2009. What I have noticed from my point of view is that, despite all the company's promises to deliver shareholder value, it has not been delivered. But the insiders continue to do well.


Sep 14, 2012 09:26AM
1
Sep 14, 2012 10:52AM
Share
New Message
Please login to post a reply