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Kivalliq Energy Corp
Symbol KIV
Shares Issued 216,821,731
Close 2015-09-30 C$ 0.065
Market Cap C$ 14,093,413
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Lundin says hold Kivalliq

2015-10-01 02:14 ET - In the News

Brien Lundin, in the September, 2015, edition of the Gold Newsletter, says hold Kivalliq Energy Corp., recently nine cents. Mr. Lundin said buy Kivalliq in April, 2013, at 31 cents. A $1,000 investment at 31 cents is now worth $290. Last July, the company started an exploration program at its Angilak uranium property in Nunavut. Mr. Lundin tells his readers that early results from a nine-hole program drilled at the previously untested Dipole target indicate that the company's strategy of combining geophysical and geochemical results to identify drill targets is bearing fruit. The company spent $900,000 on the exploration program, which Mr. Lundin notes is considerably less than the $1.5-million it had budgeted. He tells his readers that keeping Kivalliq on his list gives his readers a foothold in uranium exploration and the potential for a winner. For now, the stock remains a hold.

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