Penny Stock Pick Lkai Is Best In Our Opinion

By Author: Katie Newman
Total Articles: 18
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LKA Gold Incorporated (LKAI)
New Long Term Stock Pick, Coverage Has Begun!
Before we give you the, who, what, where why, when and how of (LKAI)’s operation we want to lead off this report with (LKAI)’s most recent news as that by itself speaks VOLUMES of the type of company & potential we are presenting to you!
On Friday March 14, 2014 (LKAI) released the following news:

CBS Marketwatch Co-Founder, Thom Calandra, Begins Acquiring LKA Gold Shares “Calandra joins LKAI shareholder list of gold investment specialists and early investors, Blanchard, Skousen and Casey.”
GIG HARBOR, Wash., March 14, 2014 /PRNewswire/ -- LKA Gold Incorporated (LKAI) announced that Thom Calandra, a widely recognized researcher and specialist in undervalued resource companies, recently revealed to his subscribers in the The Calandra Report that he would begin buying stock in LKA Gold. READ THE FULL NEWS HERE

Who is Thom Calandra & Why Should You Care?
Thom Calandra Was co-founder and the founding editor and chief columnist for CBS MarketWatch.com and its related properties until his resignation ...
... in January 2004. He is an active investor and also the founder of Thom Calandra's Stockwatch, The Calandra Report and Ticker Trax.
Calandra was a commentator on investing topics for almost 25 years, and was the San Francisco Examiner's daily investing columnist. He also appeared on the CBS Evening News, CBS Radio Network, and the CBS MarketWatch Weekend television show. Calandra was also a longtime journalist for many newspapers and wire services. He was a London-based columnist for Bloomberg News and was the online financial editor of USAToday.com. [1] The TJFR Group named Calandra one of the top 100 financial journalists in the United States.
Above material under “Who is Thom Calandra & Why Should You Care?” was taken from “wikipedia.com”

(LKAI) Corporate Overview
"It's not about the number of tons you mine. It's about the number of dollars you keep."
(LKAI) acquires and develops properties in politically stable jurisdictions capable of yielding high profit margins even during volatile economic conditions. The Company looks for projects in advanced stages of exploration that can generate a cash flow within a relatively short period of time.
"We've (LKAI) produced far more ounces than tons."
The (LKAI)'s Golden Wonder mine has a production history of 140,039 ounces of gold at an astonishing average ore grade of 12.06 ounces (358 grams) gold per ton and an average production cost of less than $150 per ounce, (LKAI) has proven that, with the right properties and management team, enormous capital investment and multi-decades of development are not necessarily required to achieve profitable gold production.

LKAI’s Projects:
GOLDEN WONDER MINE
The Richest Gold Producer in North America
Located near Lake City, Colorado, the Golden Wonder is an extremely high-grade telluride (epithermal) gold deposit. As one of only two commercial gold producers in Colorado from 1998-2007 the mine was one of the highest grade gold producers in North America with an average ore grade of 16.01 ounces (453.87 grams) per ton over an eight year period. Over 134,000 ounces of gold were produced at an average cost below $100 per ounce. Efforts are currently underway to re-establish the mine's reserves and return it to commercial production.

Exceptional Ore Grades Cover Current Exploration Costs
Even now, as LKA crews are engaged in probing the fracture system of the caldera in search of yet another highly enriched ore chute, average ore grades have exceeded 1.5 ounces (42.5 grams) per ton. This vastly exceeds industry averages of less than .2 ounces (5.7 grams) per ton and has enabled LKA to cover its exploration costs. If experts are right in their assessment of this deposit, there may be multiple, highly enriched ore chutes awaiting discovery. Less than ten percent of LKA's property has been examined to date.
UTE ULAY
LKAI Donates Historic Ute-Ulay Town & Mill Sites to Hinsdale County
Located near Lake City, LKA recently transferred ownership of the historic Ute-Ulay town & mill sites to Hinsdale County, Colorado. These properties are part of LKAI's 285 acre, Ute-Ulay mine complex located on Henson Creek just off Engineer Pass west of Lake City, CO.

LKA's donated the land, historic buildings, and the structures that comprise the original Ute-Ulay mining camp to the County for restoration, preservation and public display purposes.
The site includes the original miners' boarding house, a blacksmith shop, several head frames, assay lab, powerhouse and mill buildings. Some of these structures date back to the late 1800's when 250-300 miners worked the rich galena (silver) veins of the Ute and Ulay mines, the first significant discovery of silver in the district. The mines and mill were the primary catalyst for the establishment of Lake City, the seat of Hinsdale County, and home to most of the early miners from 1874-1940.
This historic restoration project is, in many respects, unique in Colorado. It is a cooperative effort between LKA and the County as well as several state and federal agencies, namely, Colorado Department of Public Health & Environment, the Division of Reclamation Mining & Safety, BLM and EPA. Additionally, non-profit organizations like, Colorado Art Ranch have played an important role in bringing together these diverse public and private groups to make this a reality.
LKA is proud to be involved in this unique project/effort to preserve this iconic symbol of the area's rich mining heritage for the residents of Hinsdale County and the State of Colorado.

(LKAI) Management Team
Kye Abraham
President & Chairman
Mr. Abraham has been an officer, director and major shareholder of LKA since he co-founded the Company with Larry H. Abraham and James U. Blanchard III in 1979. Mr. Abraham has directed LKA's oil & gas projects, precious metals and gemstone exploration/production projects in North America, Africa and Indonesia. Mr. Abraham is also President and Chairman of Abraham & Co., INC., a FINRA member Broker/Dealer and Registered Investment Advisor.
Rauno Perttu
Project Geologist
Mr. Perttu is a registered, professional engineer-geologist with over 40 years’ experience in all phases of metals and minerals exploration, evaluation and project development. His career included key positions with Pacific Power & Light, Gulf Minerals, and Kennecott where he was Coal Manager and Director of Business Development. He has directed and evaluated numerous projects in North and South America involving gold, molybdenum, coal, uranium and industrial minerals.
Nanette Abraham
Secretary Treasurer
Nanette Abraham has served as an officer and director of LKA since 1989. From 1991-2006 she was employed as an Investment Performance Analyst for Russell Investments, Inc., a global investment manager and sponsor of exchange listed ETF's and market index products. Mrs. Abraham also serves as Secretary and Treasurer of Abraham & Co., Inc.

Michael Hess, CPA
Audit Control & Accounting Supervisor
Mr. Hess is a Certified Public Accountant who has served as LKA's audit control and accounting supervisor since 2008. He has extensive experience in public company financial reporting, technical accounting and Sarbanes-Oxley compliance. Mr. Hess was formerly employed as Senior Audit Supervisor for KPMG, a Technical Accounting Consultant at PacifiCorp and Director of Accounting & Controller at Medicity (subsidiary of Aetna). Additionally Mr. Hess served as Senior Audit Supervisor for Prichett, Siler & Hardy, P.C. and HJ & Associates in Salt Lake City.

Company Milestones:
Q-1 2013 - Golden Wonder exploration ore shipments up 90% over year-ago period.
Q-1 2013 - Completes donation of historic Ute Ulay mill & townsite to Hinsdale County.
Q-1 2013 - Completes restructuring - name change & elimination of all long-term debt.
Q-4 2012 - Second Consecutive Year of Exploration Profit. Up 147%
Q-4 2012 - 2012 Gold sales from exploration up 100% over previous year.
Q-3 2012 - Net gold sales from exploration program hit $3.2 million.
Q-3 2012 - Converts $1.5 million of debt to equity. All long-term financial obligations extinguished.
Q-2 2012 - Gold ore sales increase 337% over year-ago period as (LKAI) records its second profitable quarter since exploration program began. Only profitable gold exploration company in mining sector.
Q-1 2012 - First quarter ore deliveries (bulk samples from exploration) up 183% over year-ago period. Grade continues to rise (2.48 oz. per ton) as ore sales continue to cover expense of Golden Wonder exploration program.
Q-4 2011 - Gold values from exploration exceed $1.27 million for the year and produce a profit at the "project level" for 2011.
Q-4 2011 - Signs agreement Premier Gold Mines (PG: TSX) to expand Golden Wonder exploration across a much wider area beyond the current workings.
Q-3 2011 - Gold ore sales from exploration result in the Company's first profitable quarter.
Q-1 2010 - A bulk sample of 128.6 tons was shipped to the Echo Bay-Kinross milling facility in Republic, WA. The average ore grade was 2.04 ounces (57.83 grams) gold per ton.
Q-3 2009 - Establishes the existence of high-grade gold bearing structures 100' beyond previous production zone. Over forty vein samples in this area yielded average assays of 16.92 ounces gold per ton.
Q-2 2009 - First bulk ore sample of 88 dry weight tons shipped to Teck-Cominco's smelter in Trail, B.C. This first bulk sample averaged 3.85 ounces (109 grams) per ton.

IN CONCLUSION
(LKAI) is a REAL & PRODUCING Gold Mine with a rich history & in our opinion an even brighter future. (LKAI) is getting the attention of industry leaders such as Thom Calandra who has just announced in a recent press release that he is buying (LKAI) stock. This is not a one (1) day “flash in the pan” stock pick (LKAI) is a company we will be following long term as we feel this company has serious long term potential.

Pursuant to an agreement between us and LKA Gold Inc. We were previously hired for a 5 day period beginning on 3/3/14 and ending on 3/7/13 to publicly disseminate information about LKA Gold Inc., including on the Website and other media including Facebook and Twitter. We were previously paid $20,000 for or were paid zero shares of unrestricted or restricted common shares. We own zero shares of LKA Gold Inc., which we purchased in the open market. We plan to sell the shares of Virtual LKA Gold Inc. that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of LKA Gold Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information about LKA Gold Inc.