KAL kalgoorlie-boulder resources ltd

flavour of the month

  1. 132 Posts.
    Kal is just suffering from lack of investor favouritism. It has all the right qualities , proven Jorc resource with possibilities of extending , plus excitng days ahead with clinker hill, That it is heading back to below the 10c is ridiculous, however also a great opportunity to those with a bit of spare dollars around ( unfortunately not me) . Would love to buy truckload if goes under the 10c again. Just remember kal has received recommendations from wise owl and intersuisse of late and I guarantee was thoroughly analysed. Plus is my opinion management decision to not rush into production is well warranted given highly undervalued price of gold, due to fundamentals . With increased costs associated with producers at the moment , better to wait until price of gold is towards the mid $1000 giving better value for us the shareholder. Why produce for $300 - $400 per ounce when you can produce for $600 to $1200 per ounce if only you wait a while . agree with former comments . Place it in the draw and look in a year. Then two. See how we are then. Cheers the soulman. (only opinion)
 
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