KEX: Making Headway on All Fronts

Midas Letter (06/23/2010)
"Kent Exploration just completed an 8-hole diamond drill program on the company's Gnaweeda Gold Project in Western Australia. The company is also awaiting IP results from the Alexander River Gold Project in New Zealand, and is just one small step away from going into production on a high-grade barite property in Washington. All the while battling the highly controversial Australian Super Profit Tax proposition, Kent Exploration believes it has the goods to ride out this particularly cumbersome political storm.

. . .Far away from the golden sands and soil of Australia and New Zealand lies the property promising to inject a much-appreciated flow of cash into Kent circulation: the Flagstaff Barite Property located approximately 10 miles west of Northport Washington, and 15 miles south of Rossland, BC. [The propety] is highly prospective for both gold and silver mineralization. In 1981, CE Minerals of Athens, Georgia, outlined a historic resource of over 1.3 million tons of 4.2 specific gravity barite while drill defining on the open-pittable, barite deposit."

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: