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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LoneClone who wrote (77688)11/6/2021 1:18:29 PM
From: LoneClone1 Recommendation

Recommended By
Andrew

  Respond to of 77844
 
We've had two pieces of news concerning Kootenay Silver aka KTN.

The first concerns their JV with Aztec Minerals aka AZC on the Cervantes Au/Cu.Mo prospect in Sonora, Mexico. The main thrust of the programme is drilling to follow up some decent intersections at the California zone, where they are trying to define an open pit heap leach resource, but they will also be drilling at three other prospects.

Message 33562762

The second concerns the recently spun out company Kootennay Resources, created to hold most of their BC properties. Unfortunately, they have given no indication of any attempt to list the company, meaning the shares are in essence worthless to the shareholders who received them.

It turns out that if Eric Sprott exercises the warrants he holds, he will own over 11% of the unlisted company.

I will continue to ask the company about any plans to list the shares, but have received no response so far.

Message 33562782