maverick one
3年前
I saw a recent conference call with the Canadian CEO - they sold a potential revenue stream to Sprott. However, when last journalist questioned the CEO- so when is this going to be put into play- CEO answered when it becomes compelling? Pretty vague. Journalist asked - so what is compelling? He answers when gold reaches $1900-2500 on an Oz. Journalist asked ok so $1800 isn’t compelling enough fir you and you’ll make hundreds of millions? He called him out not once - but twice and kind of scoffed and snickered imo at the CEO. Def skeptic. Then CEO said it’s a possible M & A play? To me - this company only got permits, and water rights, did some drilling - but never really wanted to dig this play themselves they set up as a flip. Then CEO says get this, we don’t understand why stock price is only $1.00 and it equates to buying $20 worth of gold LOL. Ok ? bro.
It’s because people aren’t drinking the kool aid and their not really working that hard on putting it in play themselves. Their not getting paid a lot of money either. Allows them to work on other companies their vested into.
This is nothing but a flip - and these shares IMO, if they find a sucker for a M & A, on this mound dirt, rocks, shares can be easily reverse split AFAIN, and or dilute into toilet, who freaking knows - but one thing is for sure, it’ll def have a diff ticker symbol.
I’ve been following this for many years used to trade at some BS like .03-.05 - RS only increased PPS. I got better things to chase and invest into. Until I see who they sell to once they find a buyer willing to take off their hands for their price of course, they’ll wash their hands and reap millions.
The project is IMO useless and dead in water, at .90 on OTCQB and $1.14 TSX. Why would anyone buy it? No buyers we know of and nothing to hang hat on. There are much better plays to invest and profit off of. If it dribbles down to .03-.10 I might become a buyer.
This project is one of the most boring and over drawn out, I’ve seen in NV in years. It’s just an old asset acquired off BK former Allied they poached.
maverick one
5年前
IMO- it’s only a flip to a potential miner who sees value in it. The recent press release saying they have no idea why their stock activity is occurring - seems strange. They claim they know nothing about it. Question is: if they do sell it, that’s if they actually have been trying to sell it, what occurs to it’s stock? One of their executives had been buying hundreds of thousands of shares, In years past. IMO- if there really is allegedly 700,000 oz’s in it, then It could be a merger target or acquisition possibility. That’s if even West Kirkland Is even open to dumping it to another buyer, that could mine it profitably. That’s no small task to either West Kirkland or whomever it ends up with. That’s the way I have seen this go from here. I just do not see $2,000 gold, unless financial meltdown occurs which attracts mining outfits to acquire or develop their assets. I just don’t see West Kirkland ever developing this themselves.
IMO- Just pure speculation on my part- is their or could be a deal in works for another miner to acquire it and their unloadIng it? Who knows. If that is correct, however, that could or might explain the recent stock activity. The Hasbrouck project has been getting stale for years from a shareholder perspective. From that, IMO, after seeing the slow pace of events, question really is for me anyway, is the CEO is more focused on his platinum gig down in South Africa, than this little 700,000 oz NV alleged play?
IMO- my hunch is - they were always looking to get Nev govt approval, of diff phases, while they did that, looked for another mining outfit to dump it off too, for more money. They said they evaluated hundreds of potential deposits and settled on this one an gave impression, hey this is something that looks promising. Well like the old Wendy’s commercial- where’s the beef?
Who knows really. Just speculation and my opinion. Not to be taken as factual or verified. Do your DD.
maverick one
5年前
They issued an unusual release yesterday stating they have no idea why their stock is moving or PPS is increasing? Honestly - IMO- They never set out to develop themselves. Their Canadians and this IMO, was just set up as a flip, here in the USA, to a real mining Corp who puts dirt to shovel, where West Kirkland, got the early investor the Grand Cayman deal, and were only going to get regulatory approvals in stages, while they looked for a buyer. This has taken way too long IMO. $5 this is a flip, possibly thought it would be an easy one to cherry pick here south of their border - and are stuck with it.
The CEO this Jones guy, has a massive platinum mine in South Africa and IMO- likely is his main focus.
joeblow110percent
10年前
Happy New Year at Hasbrouck & Three Hills!
Look at the speed at which West Kirkland is accomplishing significant progress toward their production goals at Hasbrouck and Three Hills. It is truly an amazing accomplishment to watch.
An article from the Northern Miner, Global Mining News.
TONOPAH, NEVADA — There’s a wealth of history in the ground at West Kirkland Mining’s (TSXV: WKM; US-OTC: WKLDF) recently acquired Hasbrouck and Three Hills gold properties in Esmeralda County, Nev., but new ideas are what the company hopes can bring the long-dormant deposits into production.
“811,000 contained oz. gold and 18 million contained oz. silver.”
http://www.wkmining.com/_resources/media_releases/West_Kirkland_brings_new_life_to_Hasbrouck_Three_Hills_REPRINT.pdf
This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.
joeblow110percent
10年前
Progress Report - West Kirkland Mining
West Kirkland Mining
http://wkmining.com/
Take a look at the tremendous speed and progress that West Kirkland Mining (WKM) is making with the acquisition and exploration of Hasbrouck and Three Hills. This is a very well run company machine. These guys are on fire to get this mine into production.
January 27, 2014
West Kirkland Mining (WKM) announced that they have “signed a binding letter agreement … with Allied Nevada Gold Corp. (ANV:TSX) … to acquire Allied’s Hasbrouck and Three Hills properties … in southwestern Nevada….”
http://wkmining.com/news_releases/2014/index.php?&content_id=127
February 24, 2013
WKM reported an updated National Instrument 43-101 showing increased and upgraded resources at their Hasbrouck and Three Hills Properties, Nevada. http://wkmining.com/news_releases/2014/index.php?&content_id=134
February 24, 2013
WKM filed their Technical Report, NI 43-101 on Hasbrouck and Three Hills. http://wkmining.com/news_releases/2014/index.php?&content_id=135
April 17, 2014
WKM closed the first half of their private placement capital raising for the acquisition of the Hasbrouck and Three Hills mines. http://wkmining.com/news_releases/2014/index.php?&content_id=137
April 23, 2014
WKM completes the acquisition of Hasbrouck and Three Hills properties from Allied Nevada.
http://wkmining.com/news_releases/2014/index.php?&content_id=138
May 2, 1014
WKM closes the second half of its Hasbrouck and Three Hills private placement.
http://wkmining.com/news_releases/2014/index.php?&content_id=140
June 3, 2014
WKM commences an exploration and prefeasibility study for Hasbrouck and Three Hills.
http://wkmining.com/news_releases/2014/index.php?&content_id=142
June 12, 2014
WKM fast-tracked bulk sampling of its recently acquired Three Hills deposit to confirm gold recoveries from run-of-mine material predicted in historic studies. WKM COMPLETED THE SAMPLING SIX WEEKS AFTER ACQUIRING THE THREE HILLS AND HASBROUCK DEPOSITS. http://wkmining.com/news_releases/2014/index.php?&content_id=144
September 9, 2014
WKM announced that in its first phase of exploration drilling, the Company intersected 50.29 meters of 0.73 grams per tonne (g/t) gold (Au) on the Three Hills deposit and discovered additional near surface mineralization on the Hasbrouck deposit.
http://wkmining.com/news_releases/2014/index.php?&content_id=156
October 22, 2014
WKM announced the commencement of a 1,400 meter RC exploration drilling program at its Hasbrouck Project in Esmeralda County, Nevada. http://wkmining.com/news_releases/2014/index.php?&content_id=171
November 17, 2014
WKM announced the results of drill hole MW14-01, which cut 39.6 meters of 1.36 grams per tonne (g/t) Au and 5.10 g/t Ag starting 54.9 meters down the hole. The hole is located approximately 300 meters to the east of the currently defined resource of the Three Hills deposit located near Tonopah, Nevada. http://wkmining.com/news_releases/2014/index.php?&content_id=172
November 25, 2014
WKM announced it has submitted a Mine Plan of Operations to the Bureau of Land Management (BLM) and the Nevada Department of Environmental Protection (NDEP) and made application for a Nevada Reclamation Permit for its proposed Three Hills mine ONLY SEVEN MONTHS AFTER ACQUIRING THE ASSET. Three Hills is planned for the first phase of production of the Hasbrouck Project, located near Tonopah, Nevada. http://wkmining.com/news_releases/2014/index.php?&content_id=174
December 03, 2014
WKM announced that a bulk run-of-mine column test of 12 tons of mineralized material from the Three Hills deposit achieved 81.1% gold recovery after 133 days of leach and rinse; 75% of the gold was recovered after 100 days of leach. http://wkmining.com/news_releases/2014/index.php?&content_id=175
This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.
JohnCM
10年前
WEST KIRKLAND ACHIEVES 81% GOLD RECOVERY ON RUN-OF-MINE BULK SAMPLE COLUMN HEAP LEACH TEST
VANCOUVER, BRITISH COLUMBIA, December 03, 2014 – West Kirkland Mining Inc. (WKM:TSXV) today announces that a bulk run-of-mine column test of 12 tons of mineralized material from the Three Hills deposit achieved 81.1% gold recovery after 133 days of leach and rinse; 75% of the gold was recovered after 100 days of leach.
The column tests were performed by Kappes Cassiday & Associates, Reno, to determine the gold recovered from run-of-mine material. Run-of-mine refers to ore sized as it would be after drilling and blasting without further crushing. Previous test work indicated similar recoveries but had been performed on 1-1/2 inch crushed material. A 20 ton sample was collected from three surface cuts at Three Hills, 12 tons of which was used in the four-foot diameter by 24-foot high test column. Bottle roll tests on the bulk sample were compared to bottle roll tests on a core sample at six different elevations throughout the deposit. The results indicated a similar metallurgical response.
“The potential removal of crushing costs at Three Hills is significant as it can reduce capital and operating costs in the critical early years of the project,” says Sandy McVey, West Kirkland’s Chief Operating Officer.
West Kirkland purchased both the Three Hills and Hasbrouck deposits using a base case assumption of USD$1,000 gold, with crushing assumed at both deposits. “Given the 81% run-of-mine recovery results, as well as the current volatile gold and commodity market, our conservative initial assumptions have proven prudent,” says McVey. The results of the test will be incorporated into the ongoing Three Hills and Hasbrouck prefeasibility study.
Images of the bulk sample test work can be viewed on the Company website at www.wkmining.com or from the following link: http://wkmining.com/projects/gallery1/ .
In contrast to Three Hills, test work at the Hasbrouck deposit indicates that the more the rock is crushed the greater the gold recovery. West Kirkland is currently testing the use of high pressure grinding rolls (HPGR) technology at Hasbrouck as a way to increase gold and silver recovery from the heap leach. West Kirkland expects HPGR test results in the coming weeks.
Previous metallurgical studies indicating 60% gold recovery at a 3/8 inch crush were used in the internal base case modelling at Hasbrouck. The potential financial savings from run-of-mine leaching at Three Hills may be directed towards the increased capital cost involved in increasing the recovery at the larger Hasbrouck deposit. Increased gold recovery from the test work will be compared in a trade-off study against increased capital for the HPGR crushing.
Three Hills is the smaller of the two deposits making up the Hasbrouck Project and will be the first brought into production. West Kirkland recently started the formal permitting process by submitting a Plan of Operations for Three Hills to the Bureau of Land Management, just seven months after acquisition (see news release dated November 25, 2014).
West Kirkland’s independent consultants, Mine Development Associates, are completing a prefeasibility study which will incorporate the recent metallurgical studies. Prefeasibility results are expected in the first quarter of 2015.
About the WKM Hasbrouck Project
Located near Tonopah, Nevada, the Hasbrouck Project consists of two oxidized gold-silver deposits eight kilometers from each other, Three Hills and Hasbrouck. West Kirkland has a 75% controlling interest in the project; 25% held by Allied Nevada. West Kirkland has the option of acquiring the remaining 25% interest held by Allied Nevada Gold Corp.
Qualified Persons
Herb Osborne of H.C. Osborne and Associates is the Company’s independent metallurgical consultant and has reviewed the information contained in this news release and verified the data.
Sandy McVey, Chief Operating Officer for West Kirkland, and a non-independent Qualified Person as defined by NI 43-101, has reviewed the information contained in this news release and has verified the data.
About West Kirkland Mining Inc.
West Kirkland was formed in 2010 to focus on gold exploration along major geological trends in North America. The Company has consolidated significant mineral rights positions within the known gold trends of Nevada and Utah, including the recently acquired Hasbrouck and Three Hills properties in southwestern Nevada. The founders and Board members of West Kirkland have successful and extensive experience in gold discovery, mine development, and mine operations in Nevada and other gold producing jurisdictions in North America.
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