KTO was an 11-cent stock not long ago, but after a 400%+ gain, market cap is now $133M. As a developer it has a bit of cash, no revenue, losses and negative cash flow. Insiders own 8% and have been buyers this year. Its main asset is the Mojave project on U.S. federal land in Inyo County, California; the land package is roughly 6,000 hectares and hosts a 5 km long oxide gold trend with polymetallic potential. Historic and recent drilling at Mojave has returned very strong intercepts for open‑pit oxide gold, including headline results around 86–87 m at roughly 4 g/t Au, along with multiple 1–2 g/t style intervals that are typical of heap‑leach operations in the U.S. Southwest. The system is genuinely polymetallic: beyond multiple oxide gold zones, there are copper targets (one trend nearly 5 km long) plus silver‑lead‑zinc targets, with surface samples locally grading into the hundreds of g/t gold and broad Cu‑Pb‑Zn anomalism. While we think it has potential, it is early days here and we can't give it a general recommendation and it needs to be considered speculative.