[b]KOOTENAY GOLD INC.(KTN.V)-MY POTENTIAL 10 BAGGER [/b]

http://www.kootenaygold.ca/s/Home.asp

Great potentiaL. Also have mentioned WGDFF/WGI. I see GGC and WGDFF as potential 2-3 baggers from here.

But I see Kootenay Gold Inc. KTN.V as a potential 10 bagger. It is higher risk but Kootenay has well respected management and a great suite of properties with assays pending on at least 4 different drill programs.

Very low share count:
Finance and Capital Structure

Listed in TSX Venture Exchange (TSX.V)

Shares Issued:
18,830,725
Warrants:
3,066,925
Options:
1,870,000
Fully Diluted:
23,767,650

Management is very well known and the board of directors is almost a carbon copy of Genco.:

Jim McDonald started Alamos and White Knight and is on the board of Genco.

Richard Hughes is famous ansd well respected in all Canadian Mining Circles.

James M. McDonald, CEO & Director: Co-founded and successfully developed Black Bull Resources, National Gold (merged w/Alamos Gold) and White Knight Resources. Mr. McDonald serves on the board of Alamos Gold Inc. and Genco Resources Ltd.


Kenneth E. Berry, President, Director: Served as an investment adviser, advertising executive and managing director of corporate communications for public companies which have raised in excess of $250 million.


Richard W. Hughes, Director: Involved in the discovery of some of the largest Canadian gold mines, including the Golden Giant/Hemlo mine, the Sleeping Giant Mines and the former Balmoral Mines which produced an aggregate of 450,000 oz of gold per year.


Mr. Joseph F. Church, Director: Played an instrumental role in the discoveries of the Uitkomst copper-nickel-PGM deposit in South Africa, the Thompson, Pipe 1, Pipe 2, Birchtree, Moak, Soab South, Soab North nickel deposits in Manitoba, Canada; the Golden Pond gold deposit in Quebec, Canada; and the Musselwhite gold deposit in Ontario, Canada.


Robert C. Gardner, QC, Director: Lawyer by trade, has served on the board of numerous mining companies. Mr. Gardner's experience in finance, and mergers and acquisitions is a valuable asset to Kootenay Gold >>>>>>>>>

Their main property has historic drill holes grading over 1000 g/t AG equivalent. See Smartstox interview.

Historic Producer.
The Promontorio deposit contains a documented silver dominant polymetallic (Zn/Pb/Cu/Ag/Au) deposit (The Main Zone). Located in the center of the property, the Main Zone has been worked sporadically over the past 100 years.

During the early 1960s and late 1980s, a historic mine and a small open pit (figure 1) produced 48,000 tonnes of oxide and sulphide ore. Mining operations at Promontorio ceased after the 1990s due to low metal prices.

The first work on the Promontorio property began in the early 1900s by the Manhattan Exploration Co., with funding provided by J.P. Morgan interests. An inclined shaft reaching a depth of 158.5 meters was collared in the hanging wall of the northeast-striking fault on a topographically prominent mineralized outcrop (The Promontorio Shaft). Two other exploration shafts located to the north were sunk to depths of 30 meters each and a production shaft measuring 2.43 x 3.65 meters was sunk to a depth of 25 meters when work was suspended in the 1920s due to the Yaqui rebellion. Production from development during this period is estimated at 10,884 metric tons.

In 1958, J.G. White Engineering Corp. re-sampled the 100-level and recommended the property be put into production. An open cut 85 meters long from 7 -- 25 meters wide and 20 meters deep was excavated to expose ore about the 100-level and a small mill was installed at the property.

In 1973, the Promontorio main showing was tested by 26 drill holes, including 442.47 meters drilled in 13 holes ranging in depth from 7.62 - 51.82 meters in the vicinity of the open cut. Although poor drilling equipment led to difficulty completing holes, the presence of sulfide mineralization below oxidized, altered material exposed in the open cut and near the central shaft was confirmed.

A feasibility study was prepared in 1973, with an ore reserve estimated at 384,000 metric tons grading 0.12% Cu, 2.80% Pb, 1.74%, Zn, 367 g/t Ag and 1.5 g/t Au, to a depth of 100 m below the floor of the open cut. This calculation is historic in nature, does not conform to NI 43-101 standards, and cannot be verified, and therefore should not be relied upon. A limited 1974 silt sample survey taken from brooks that drain the property outlined base and precious mineralization to the northwest of the Main Zone>>>>>


I am long in a huge way on KTN and see the pending news carrying KTN to much much higher prices.

PRE DRILLED, A FORMER PRODUCER, AN ORE RESERVE NON 43-101 COMPLIANT IN PLACE. I SEE A POTENTIAL 10 BAGGER HERRE WITH THIS LOW SHARE COUNT.
DO YOUR OWN DD.

KTN has a JV (AST.V) drilling the Jumping Josephine property with assays pending any time. Check out Astral today on no news, high of .63 but has pulled back a tad:

AST - V 3.0 0.58 · 0.59 2.5 0.58 +0.16 +38.1% 583,000 traded.


Kootenay Gold JV partner drills 27 holes on JJ Main


2007-10-18 10:04 ET - News Release

Mr. James McDonald reports

JUMPING JOSEPHINE DRILLING UPDATE

Kootenay Gold Inc.'s joint venture partner, Astral Mining Corp., has provided a progress update for the continuing phase II drilling program on the Jumping Josephine gold discovery in Southern British Columbia. Phase II drilling to date on the JJ Main zone includes 3,333.4 metres in 27 HQ diamond drill holes, significantly adding to the phase I program which totalled 1,461 m in 20 holes. A minimum of 12 more holes are currently planned to be included in the phase II program.

Drilling to date has now tested the JJ Main quartz stockwork zone over a strike length of 540 m and down to a maximum vertical depth of 152 m below surface. Most of the phase II drilling has focused on testing the extent of the stockwork zone to the south of the southernmost section drilled in the phase I program as gold grades and zone width generally increase toward the south, as evidenced by previously reported hole 07JD013 which assayed 19 m averaging 7.01 grams per tonne gold (see news in Stockwatch on July 12, 2007). Fences of holes have been drilled along 40 m section step-outs up to 200 m south of drill hole 07JD013.

Drilling progress has prompted Astral to apply for permits to drill an additional 4,500 m in 30 holes, some of which may be incorporated into the phase II program this fall, weather permitting, the remainder to be completed in 2008. Due to laboratory backlogs, receipt of assay results from the phase II drilling program has been slower than expected. Results will be released in batches as they are received. Astral has the right to earn a 60-per-cent interest in the JJ project from Kootenay (see news in Stockwatch on April 12, 2006).

HOUSTON LIFTOFF IS COMING! Do your own DD and see the potential.

Looks pretty good Slan! Wish I had a few shares.

bull wrote:

Looks pretty good Slan! Wish I had a few shares.

http://www.smartstox.com/interview/ktn

Towards the end of the 2nd interview is the mention of the historic high grades at Promontorio. Mind blowers!

Looks like W.D. Latimer(Shelby) picked up 5000 shares.

http://www.tsx.com/HttpController?GetPage=QuotesLookupPage&DetailedView=DetailedPrices&Market=T&ref=quickquotehome&Language=en&QuoteSymbol_1=ktn

I own shares.

Bull, If I recall, there's another Latimer user accumulating KTN on SiliconInvestor or ValueForum. To use an old Saturday Night cliche: "If it's not high in Miningpedia, it's crap!"

i just dont get him...

in the goro days i read what he wrote with respect, but now i am just shaking my head in confusion.

he claims he is tired of trading and want to be long (and stay so) - so he got out of GORO and into better stocks like SGL [dropping a lot of names in between] identified by MP - going "all in" w/ 35%+ of porfolio.

a few more symbols later, he declares he is cashing in his chip because of an immient crash (hey, i also agree with him - however right or wrong we both may be).

now he is touting more mysterious stocks... its not even wednesday 2pm yet. for someone who wants to stay long in one stock and forget about everything, he sure is trading pretty fast. i feel sorry for anyone who hangs on every word he says and tries to catch up with him and his picks.

but hey, more power to him (if he is not adversely affecting other people - "sheeples" as he calls them). i see a lot of hidden agendas no matter how he slices and dices them under the lords name, under the name of absolute fact, ...

studbkr wrote:

Bull, If I recall, there's another Latimer user accumulating KTN on SiliconInvestor or ValueForum. To use an old Saturday Night cliche: "If it's not high in Miningpedia, it's crap!"

I bought several times last week and part of this week but not today through latimer.

I am slan on SI.

Slan/Golden7: I thought it was you who mentioned the KTN-Latimer buy, but wasn't sure without digging

MShen: I believe I taught him "sheeple", which I picked up elsewhere. "Boo-yah" on everything else you said (that term was borrowed from Jim Cramer as a sign of approval)

again, anyone know the otcbb symbol (if any)? regardless, i would wait til it drops below $1; seems a bit overbought... [seeing how they did a PP w/ warrants at 1.25]

mshen11 wrote:

again, anyone know the otcbb symbol (if any)? regardless, i would wait til it drops below $1; seems a bit overbought... [seeing how they did a PP w/ warrants at 1.25]

Results from drill programs are due on 3 JV's and on their keystone property Promontorio.

The stock could triple or fall based on fundamentals in the near term based on assays.

I do not know the otcbb symbol but I use Scottrade and their service in the Portland branch is excellent. They buy direct with the Canadian symbol.

The best online company in many people's opinion for Canadian issues is this company:
http://www.penntrade.com/index.html

I pay more at scottrade to have a live broker but their service is useful to me.

KOOYF — Kootenay Gold, Inc.
Ord
Primary Venue: Grey Market


QuoteNewsChartsCompany InfoFilingsShort InterestInsider Transactions
Trade Data / Last Trade 10/29/2007 Last Sale 1.235 Change +0.00
% Change +0.000001 Tick Down
Daily High 0.00 Daily Low 0.00
Opening Price 0.00 Volume 0
Annual High 1.23 Annual Low 1.23
Prev Close 1.235 Dividend 0.00
Yield 0.00 Beta Coefficient 0.00
Trade data delayed 15 minutes.

silverman wrote:

KOOYF — Kootenay Gold, Inc.
Ord
Primary Venue: Grey Market
.

Interesting...over the weekend both schwab.com and pinksheets.com did not have Kootenay (KOOYF) in their "symbol search"...now they do!

another low volume otcbb... thanks ill take a look

KTN jv Partner Astral hit big at JJ? Starting to look like it.

--------------------------------------------------------------------------------

AST - V 3.5 0.61 · 0.68 10.0 0.67 +0.08 +13.6 % 107.0

Up again early on larger than usual volume. This portends well for KTN.v

Lot of news flow to start any day. Drilling on 4 different properties multiple targets.

Kootenay drills 13 holes at Promontorio, awaits assays


2007-09-05 03:10 ET - News Release

Mr. James McDonald reports:

PROGRESS REPORT: KOOTENAY ANNOUNCES DRILL RESULTS PENDING ON FOUR SEPARATE DRILLING PROGRAMS IN MEXICO AND BRITISH COLUMBIA

Kootenay Gold Inc. ("Kootenay") (TSX Venture: "KTN") is pleased to announce drilling updates on the former producing Promontorio Silver Mine site located in the Sierra Madre Silver Gold Belt of Mexico, and three of its projects in the Rossland Republic Belt of British Columbia, known as the Jumping Josephine, the Connor Creek and the Murphy Creek properties.

PROMONTORIO DRILL PROGRAM, SONORA, MEXICO

The first 13 drill holes of a 3,000-metre program have now been completed on the areas of mineralization where high-grade silver occurs with lead-zinc sulphides in phreatic-type breccias and the area where chip sampling in the Pit Breccia returned 480 grams per tonne silver, 2.51 grams per tonne gold, 11,199 ppm lead and 17,284 ppm zinc over an estimated true width of 19 metres.

Drilling will now test three other breccias confirmed during chip sampling, the Adobe Breccia, Central Breccia and the Main Extension Breccia. Chip sampling in the spring discovered the Adobe Breccia, a second zone of mineralization (about 50 metres to the west of the Pit Breccia). This zone is a minimum of 20 to 22 metres in width and appears to be subparallel to the Pit Breccia. The third area of significant mineralization called the Central Breccia was found some 200 metres to the northwest of the Pit Breccia. The Main Extension Breccia was recently found by mapping and sits 200 metres directly on strike of the Pit Breccia and measures about 100 metres long by 25 to 50 metres wide.

The Pit, Adobe, Central and Main Extension Breccias are all part of large complex mineralized trend. This trend is a mineralized zone along a strike of 2000 metres and width of 500 metres striking northeast as defined by airborne geophysics and surface mapping. The Pit (Main Zone), Adobe, Central Breccias and Main Zone Extension sit within a small portion of this trend in an area of about 200 by 400 metres.

The drill core will be split and sent for assays. Phase II drilling is planned to follow up phase I results and to test additional priority target areas on the 2,000-metre trend.

JUMPING JOSEPHINE DRILL PROGRAM, B.C. (Astral Mining "TSX.V: AST" Joint Venture)

A 2,000-metre Phase I Drill program has been completed on 3 targets, including:


1,100 metres in 20 holes at the JJ Main Zone;
400 metres in 5 holes at the historical Albion and Dubrovnik targets; and
500 metres in 2 holes at the Bonanza Pass Zone.

The JJ property area contains six prominent mineralized areas with a north-to-north-northwest-trending structural zones within a 15-by-10-kilometre area.

Initial drill program focused on the JJ Main target where trenching defined a gold-bearing quartz stockwork zone up to 10 metres wide over a strike length of at least 270 metres. Assay results from trench channel sampling included 31.19 g/t* gold over 7 metres, including 133.91 g/t gold over 1 metre, 25.24 g/t gold over 4 metres, and 14.1 g/t gold over 5 metres.

The first batch of results on the JJ Main Gold Zone HQ diamond holes 07JD001 and 07JD002 included 10 metres averaging 9.95 g/t Au (32.8 feet at 0.29 opt*) from 07JD001. Metallic gold check assays subsequently upgraded the original interval from 07JD001 by 27.1% to 10 metres averaging 12.65 g/t gold. Results from holes #3 through to #13, include 19 metres averaging 7.01 g/t gold (62.32 feet at 0.205 opt*) from hole 07JD013, which includes 5 metres averaging 16.42 g/t gold (16.40 feet at 0.479 opt*). Mapping and geochemistry to date suggest that the JJ Main structure may extend for over three kilometres.

Additional drill results are pending on the Bonanza Pass Albion-Dubrovnik targets in the southern part of the JJ property. Permitting for the expanded Phase II drill program is also complete; drilling will recommence pending rig availability.

CONNOR CREEK DRILL PROGRAM, B.C., (Amador "TSX.V: AGX" Joint Venture)

Results are pending on the 2,000-metre diamond drilling now completed on 3 different areas of gold mineralization which are:


The EM Showing a broad zone about 1 kilometre square in area with coincident soil anomalies in copper, lead, zinc and gold. A strong EM anomaly 200 by 300 metres in size is coincident with the higher values of copper, lead, zinc and gold. Bedrock sampling in this target returned up to 2242 ppb gold.
The Powerline Showing discovered by Kootenay where an area of anomalous gold in rock and soils along a north-south trend 1.5 kilometres long by 50 to 150 metres and open at both ends.
The Root Showing a semi-massive-to-massive sulphide vein with characteristics similar to the Rossland veins. Airborne magnetics indicate the structure may continue for about 1 kilometre in strike.

In addition to the drill areas tested there are four other mineralized zones being sampled:


The Debbie Showing a semi-massive sulphide occurrence with coincident soil, rock and geophysical anomalies trending anomaly along a 1.0-kilometre-by-300-metre area open to the northeast. The lead, silver and gold values appear as discrete bull's eyes.
The Ag Anomaly, a northerly trending silver in soil anomaly between the Root and Debbie occurrences. This anomaly is about 100 metres wide by 450 metres long and open at both ends. It is also associated with the edge of a magnetic high anomaly which may reflect a mineralized structure.
The Hungry Man is an historic sulphide occurrence sitting on the flank of a discrete airborne EM anomaly measuring 100 metres by 350 metres which may reflect an area of stronger mineralization.
The Northeast EM target, which is a discrete bull's-eye EM anomaly on the northeast corner of the property about 100 metres in diameter.

The main types of mineralization found at Connor Creek are semi-massive sulphide veins with characteristics similar to the Rossland Camp that produced nearly 3.0 million ounces of gold at an average grade of 0.4 ounce per tonne; and disseminated sulphides hosted in zones of shearing.

MURPHY CREEK DRILL PROGRAM, B.C. (Joint Venture)

Drilling has now commenced at the Murphy Creek on a rediscovery of a gold occurrence not catalogued in the Mineral Occurrence files of the B.C. government. Several old pits within a 10,000-square-metre area expose sulphide mineralization in a granodiorite. The impression is mineralization and alterations are creating a pipe-like body. Characteristics of the conductor are consistent with a pipe-shaped body which is in agreement with observations made in the pits. The company is currently negotiating a partnership agreement for the Murphy property. Should a successful agreement be reached, the company will expand drilling to include the priority electromagnetic conductor occurring on the southwestern edge of the gold-bearing sulphide mineralization.

The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, PGeo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of the Company.

I took a nibble at KTN today...1.5% of my portfolio. Thanks for the info both here and at SI

studbkr wrote:

I took a nibble at KTN today...1.5% of my portfolio. Thanks for the info both here and at SI

Hope we rally from here.

todays technicals produced an evening star... not good for the price - gotten ahead of itself

thanks for bringing it up... will be putting it on my radar

mshen11 wrote:

todays technicals produced an evening star... not good for the price - gotten ahead of itself

thanks for bringing it up... will be putting it on my radar

---------

Can you post a chart here or if not can you post it on my thread on SI please?

http://siliconinvestor.advfn.com/subject.aspx?subjectid=55997

no charts needed... just plot the last couple days under 'candlestick' charting. you will see the pattern for last week - white bar up, white bar up, sharp up - upside down cross and red bar down (today)

such a pattern is known as evening star, meaning the upside has been exhausted. it is a bearish pattern

At Ameritrade: Kootenay Gold IncOTC:KOOYF

KTN ON THE MOVE:KTN - V 0.3 1.29 · 1.30 5.5 1.29 +0.06 +4.9 %

Results pending for Promontorio. It only took 26 drill holes to produce this 1973 non 43-101 compliant resource:

A feasibility study was prepared in 1973, with an ore reserve estimated at 384,000 metric tons grading 0.12% Cu, 2.80% Pb, 1.74%, Zn, 367 g/t Ag and 1.5 g/t Au, to a depth of 100 m below the floor of the open cut.--------

I just did a back of the envelope calculation on silver gram per ton equivalent and about knocked myself off the chair!

This is a rough number based upon this mornings metals prices and using 2204 lbs per ton.

Those 26 drill holes must have averaged 799 grams per ton silver equivalent to forecast the reserve estimate.

The video I linked earlier says that those drill holes averaged up to 20 meters of 1000 + gram per ton silver.

KTN MAY BE HUGE FOLKS PLEASE DO YOUR OWN DD AND DO IT SOON BEFORE ASSAYS CONFIRM THIS BECUASE IF THEY DO KTN WILL NEVER BE THIS CHEAP AGAIN! Maybe. JMO and do your own DD!

I own about 164,000 shares of KTN. Maybe this article will provide some background and information to get buyers motivated. I am posting this now and pre market tomorrow. Time is wasting news is pending on multiple fronts. This stock will be huge.

James McDonald Secures Every Advantage for Kootenay Gold

By Katherine Young


In a meritocracy, the pure, rich cream floats to the top. It’s where people are selected competitively according to merit, talent, motivation and effort, based on the idea that positions of responsibility and prestige should be earned. Kootenay Gold and its team are an example of just that.

CEO and Director James McDonald, at 46, is one of the youngest men in a directorial role in Canadian mining and boasts a track record dating back twenty years. He started as a geologist in 1983 at Noranda. Then he went to work at Hemlo where he met Richard Hughes, the mining legend and brains behind the Hemlo discovery, one of the largest gold discoveries in Canadian history. This experience seems to be the impetus behind his formidable motivation. As McDonald put it in a presentation featured on Kootenay’s website, “I really got bitten by the gold bug at [Hemlo].”

In the late 1990s, working closely with Hughes, McDonald and Albert Matter formed National Gold, secured the Mulatos deposit in Mexico, and joint ventured with Alamos Minerals. McDonald merged the two companies to form Alamos Gold, which opened the Mulatos mine that is still in production today, producing over 100,000 ounces of gold annually.

McDonald had other successes at White Knight, and Genco Resources (currently producing 1,000,000 ounces per year of silver) where he served as President until 2006, when he stepped aside (he remains on board) to focus his efforts on building Kootenay Gold.

“Part of the reason for creating Kootenay Gold,” he said, “is an opportunity to put together a team of people that I had worked with mostly on a contract basis. In this industry it’s not really the properties, it’s the people that are valuable. If you put the good teams together, you’ll get the good properties and you’ll make the discoveries. You’ve got to have those people.”

With Hughes as a director on the board, and McDonald at the helm, they began to pull together key players in the industry and an exploration strategy. McDonald says about forming Kootenay Gold, “There’s a prospecting family that I’d worked with in various companies on various jobs. I was always looking for the opportunity to put them together in a company to form the core of a good exploration company.”

McDonald and his team carefully selected the west Kootenay region because they considered it to be highly prospective, but underexplored. The mineralized belt, on the American side of the border, has produced over 6 million ounces of high grade gold, but on the Canadian side was somewhat untouched. McDonald put the Kennedys – a family of highly skilled prospectors – to work in the Kootenays where they have considerable knowledge. Their findings allowed Kootenay to stake 45 mineralized claims in the area, every one of which is a new discovery.

So, while generating discoveries in BC, Kootenay’s strategy has been to joint venture with junior explorers to help fund and conduct exploration on the properties. The joint venture partners absorb some of the risk to Kootenay and pay Kootenay in cash and stock. The stock, in this resource market, becomes an appreciating asset. In other words, it’s a win-win situation for Kootenay.

The best development for Kootenay Gold in the Kootenay area so far has been the Jumping Josephine project, which is a joint venture with Astral Mining Corp. Astral has the right to earn a 60% interest in the property. Recent drilling on Jumping Josephine reported on July 12, 2007, returned 19 m of 7.01 g/t gold, including 5 m at 16.42 g/t gold. In an interview with Stanley Hunt on Smartstox Talk Show, McDonald explained the potential at Jumping Josephine. “It’s a high grade system…They’re on round two of the drilling now. Personally, I think they’re starting to drill off a resource now. This started out as a raw prospect. We’ve got an advanced project down in Mexico, which has been our lead project, but this is catching up.”

Northern Mexico has been Kootenay’s major focus. Using the philosophy that it is critical to select properties well and then commit time, work and money, McDonald and his team saw opportunity in Mexico. Their belief is that northern Mexico has potential similar to Nevada in the 1980s – a period that led to Nevada becoming the third largest gold producer in the world.

McDonald said authoritatively, “Mexico is already the number two silver producer in the world. It’ll retake its number one position probably in another year. It’s going to become a major gold producer and you can also expect to see a lot of base metals, copper, lead, zinc coming out of Mexico as well in new discoveries.”

He points out that in a 250 km stretch, through the area where Kootenay has staked 500,000+ hectares, there have been five new mines opened in the last six years, with another two currently under construction and two more in the feasibility stage. In that time, the area has boasted the discovery of 15 million ounces of gold and 480 million ounces of silver.

In Mexico, once again, Kootenay has found an edge. Several edges actually. Kootenay hired a Brit named Dr. Tony Starling and his company Telluris Consulting Ltd. to conduct satellite imagery and interpretation of the geological structures over a vast area of land. Starling has spent fourteen years in Mexico working with some of the biggest names in mining.

McDonald explains, “He’s developed a process, an analysis that allows him to identify mineral systems from the satellite imagery.” The technology works by measuring the various wavelengths of reflected light to identify mineral systems, McDonald explained. “If you’re doing it without a lot of skill and experience you get a lot of things that are not associated with minerals...You get a lot of red herrings.” Based on results to date, McDonald says, Starling has about a 90% accuracy rate. “And that makes things suddenly very efficient, rather than running around, looking at hundreds of targets, the vast majority of which have nothing to do with mineral systems. We’re now going in here and I would say it’s about a 90% success ratio.”

For Kootenay, the result is that they were able to identify more than 30 mineralized systems over approximately 180,000 square km area, which “allowed us to very quickly tie up a lot of prospective ground in Mexico.”

Leveraging another advantage – a relationship with the skilled and powerful in mining –Kootenay’s exploration efforts were funded by Richard Hughes through Klondike Silver. Klondike earned the right to choose six properties from Kootenay’s claim package. Ken Berry, President of Kootenay Gold, says “Richard Hughes has a tremendous confidence in Jim McDonald’s ability to identify mineral projects as well as grow a company. Because of that confidence level, Richard Hughes has been able to offer Kootenay joint venture support through Klondike Silver and Amador.”

So Kootenay has the people, the connections, the properties, the technology, the land positions, and the financial structure. SmartStox host Stanley Hunt prompted McDonald to point out the advantage Kootenay has in Mexico and McDonald obliged, “We’ve built up a big infrastructure in Mexico. We’ve got a regional office there. We’re way up on the learning curve. We know the ropes down there. For somebody to go in brand new into Mexico, it’s going to take them quite a few months and a lot of dollars to get established like we are. They’ll be there well over a year getting established, just to get going. We are optioning properties there. They can have a property and get going in a month by doing a deal with Kootenay Gold.”

Kootenay’s major project in Mexico right now is its flagship, advanced-stage, 100% owned, Promontorio silver project. Historic data on Promontorio show individual holes with 1 kg of silver over 5 m, 10 m, 15 m and an average silver grade of 367 g/t. Historic reports also cite widths of 20 m on average. McDonald is optimistic about the width, “you’re going to have a low cost if you’re able to find a deposit with that kind of width.” Hughes is similarly positive. In a recent presentation he stated unequivocally, “That Promontorio, by the way, is a potential company builder. And as Chad Buckland, who couldn’t be with us today, said – he’s a broker and a geological engineer – “That’s the kind of property that could really make a company. That gives a company the multi-dollar exposure… And so I think you’ve got a great project.”

Investors seem to agree. Kootenay stock has been climbing steadily over the last month from below a dollar to above the dollar and a quarter mark.
http://www.resourcexinvestor.com/news.php?id=3111

Thanks for the cross-post Golden7..I just saw that at another place you hang out!