Topic: How To Invest

Hello and thanks for all the excellent advice. Could you please give me your views on Kiska Metals? Thanks again!

Article Excerpt

Kiska Metals, $0.90, symbol KSK on Toronto (Shares outstanding: 79.5 million; Market cap: $71.6 million; www.kiskametals.com), is developing its Whistler project in Alaska. So far, drilling has outlined a deposit containing 3.13 million ounces of gold, 13.24 million ounces of silver and 769 million pounds of copper. Kiska recently raised $17.3 million in a share and warrant issue, so it has the funds to continue its exploration. Even though the company shows promise, and gold and copper prices are rising, Kiska’s shares have dropped from a high of $1.74 in November 2010 to today’s price. In part, that could be because Northern Dynasty Minerals, symbol NDM on Toronto, is having trouble getting permits for its Pebble project, also in Alaska. Kiska will likely face similar problems, as it aims to build a mine at Whistler. Kiska Metals is okay to hold, but only for highly aggressive investors willing to accept the risk of operating in a U.S. state with very strict and politically…