Kaiser Bottom Fish OnlineFree trialNew StuffHow It WorksContact UsTerms of UseHome
Specializing in Canadian Stocks
SearchAdvanced Search
Welcome Guest User   (more...)
Home / Companies / KRO Profile
KRO Profile
Price:$0.490  Open Rec:See Strategy
Market Cap:$134,201,811  WC % of Mkt Cap:25%
Working Cap:$33,031,667  As of:6/30/2023
Issued:273,881,246  Insider %:34.6%
Diluted:292,026,246  Story Type:Resource: Feasibility Demonstration
Key People:Martin Turenne (CEO), Peter M. D. Bradshaw (Chair), Tim Bekhuys (VPESG),
SV Rating: Good Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Aug 25, 2017: 1:1 Name Change from First Point Minerals Corp (FPX-V)
Last KRO Comment - Sep 8, 2023: KW Excerpt: Kaiser Watch September 8, 2023: FPX Nickel Corp (FPX-V)
Recent News - Sep 22, 2023: Canadian Investment Regulatory Organization Trade Resumption FPX
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Decar 100% WI Canada Central BC 7-Permitting & Feasibility $143 Nickel Ultramafic Complex
Klow 40% TC Canada Central BC 3-Discovery Delineation $358 Nickel Ultramafic Complex
SAM 100% WI Canada Central BC 1-Grassroots $143 Magnesium Ultramafic Complex
Wale 100% WI Canada Northern BC 3-Discovery Delineation $143 Nickel Ultramafic Complex
Orca 100% WI Canada British Columbia 3-Discovery Delineation $143 Nickel Ultramafic Complex
Mich 100% WI Canada Whitehorse 2-Target Drilling $143 Nickel Ultramafic Complex
Price:$2.120  Open Rec:See Strategy
Market Cap:$111,576,075  WC % of Mkt Cap:10%
Working Cap:$10,606,000  As of:6/30/2023
Issued:52,630,224  Insider %:20.2%
Diluted:54,513,022  Story Type:Resource: Producer
Key People:Cristiano Veloso (CEO), Felipe B. Paolucci (CFO),
SV Rating: Good Spec Value - Favorite - as of December 30, 2022
Last Corporate Change - Aug 2, 2022: 1:1 Name Change from Verde Agritech Plc (NPK-T)
Last KRO Comment - Aug 22, 2023: KW Excerpt: Kaiser Watch August 22, 2023: Verde Agritech Ltd (NPK-T)
Recent News - Sep 20, 2023: Appoints Chief Revenue Officer
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Cerrado Verde 100% WI Brazil Minas Gerais 9-Production $116 Potash Sediment-hosted
Calcario 100% WI Brazil Minas Gerais 5-PEA $116 Limestone Sediment Hosted
Price:$0.850  Open Rec:See Strategy
Market Cap:$49,405,818  WC % of Mkt Cap:10%
Working Cap:$5,029,455  As of:6/30/2023
Issued:58,124,492  Insider %:63.2%
Diluted:59,895,492  Story Type:Resource: Feasibility Demonstration
Key People:Sandy McVey (CEO), Peter F. Palmedo (Chair), Frank R. Hallam (CFO),
SV Rating: Good Spec Value - Favorite - as of April 13, 2023: West Vault Mining Inc is a 2023 KRO Favorite effective April 13, 2023 at $1.02 with a Good Speculative Value rating based on it positioning itself as a buyout target for a mid tier gold producer interested in developing the Hasbrouck project located just outside Tonopah in Nevada's Walker Lane. The target is a rapid repricing into the $1.50-$2.00 range to reflect fair speculative value, followed by leveraged tracking of higher real price gains (ie a 25% move by gold to $2,500 translates into a 600%-800% move to $7-$9 ahead of a buyout offer involving inflated but liquid paper from a mid tier producer). West Vault is headed by CEO Sandy McVey and Chairman Peter Palmedo whose Sun Valley Gold LLC owns 46% of the stock. Ruffer LLP and Eric Sprott own another 22%. The junior has about $4 million working capital which at the current overhead burn rate and no plans to do additional work at Hasbrouck would allow the company to operate for 4-5 years without any further equity dilution. The board includes highly experienced people like Stephen Quin and Pierre Lebel. The stated goal is to minimize dilution by spending only necessary overhead and foregoing additional feasibility related work or exploring those parts of the property with untested potential. This "gold vault strategy" is designed to maximize the upside when a major gold bull market based on a rising and sticky real gold price emerges and unleashes a scramble among mid-tier producers to expand their mining portfolio. Hasbrouck consists of three low sulphidation epithermal gold systems: Hasbrouck with a proven and probable reserve of 34,370,000 tons of 0.017 opt gold and 0.306 opt silver, Three Hills with a probable reserve of 9,653,000 tons of 0.018 opt gold, and Hill of Gold which has no resource. The reserves are ba...(see Profile for full Overview)
Last Corporate Change - Jul 2, 2020: 10:1 Name Change from West Kirkland Mining Inc (WKM-V)
Last KRO Comment - Jul 6, 2023: KW Excerpt: Kaiser Watch July 6, 2023: West Vault Mining Inc (WVM-V)
Recent News - Jul 6, 2023: Hosts Analysts, Investors, Journalists at Hasbrouck Gold Project, Nevada
  Project Interest   Country Region Stage IPV
($mm)
Target Deposit
Model
Hasbrouck 100% WI United States Esmeralda County 7-Permitting & Feasibility $51 Gold Silver Low Sulphidation Epithermal
 

Copyright © 2023 Kaiser Research Online, All Rights Reserved