As previously advised, Gold Anomaly via a wholly owned subsidiary will receive all cash flow generated by GOAB at Sao Chico until Kenai exercises its options to acquire 50% and then 75%equity in the Sao Chico mineral rights to the Sao Chico project. The options expire at end-September 2012. On behalf of the Board of Directors of Kenai Resources Ltd Greg Starr, President and CEO ......................................................
call me a cynic but these results are not good enough to exercise the option on. One could only imagine when the option would be exercised ! Let me guess. When it least suits GOA shareholders?
GOA Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held