SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy
Kaymus Resources Inc.
An SI Board Since October 2021
Posts SubjectMarks Bans Symbol
2 1 0 KYS.H
Emcee:  JRod77 Type:  Moderated
Symbol: KYS.H
Price: $0.065
Common Shares: 23,153,285
Market Cap: $1.5 million
Insider/Management Holdings: 10,369,595 or 44.8%

Kaymus is a publicly-traded company engaged in the exploration, acquisition, and development of petroleum and natural gas projects in the Western Canadian Sedimentary Basin (“WCSB”). The Company’s shares trade on the NEX, a separate trading board of the TSX Venture Exchange, under the symbol KYS.H. The Company holds a 100% working interest in two proposed oil locations producing out of the Cardium and Viking formations. The Sylvan Lake, Alberta property is located near the town of Sylvan Lake, Alberta in townships 36 and 39, Ranges 1 and 3 W5M. Kaymus currently has no wells drilled in the Sylvan Lake Area. The Company also holds overriding royalty interests ranging from 10% to 13% on five sections of land, on which are currently five producing wells which the Company acquired on January 15, 2019.

Outlook
The Company plans to accumulate prospective land in the WCSB and will execute a drilling program when capital markets allow for raising equity.

Financial Results (Ending April 30, 2021)

ASSETS
Cash: $96,543
Investments: $676,928
Royalty Income Receivable: $2,745
Goods & Services Tax Receivable: $17,363
Prepaid Expenses: $10,833
Property & Equipment: $131
Total Assets: $804,543

LIABILITIES
Trade & Payables: $13,257
Total Liabilities: $13,257

3 Month Performance
Royalty Income: $9,315
Unrealized Gain on Investments: $160,780
Net Income: $169,187

9 Month Performance
Royalty Income: $20,373
Unrealized Gain on Investments: $404,515
Net Income: $383,890 or $0.017c earnings per share
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):