KCN 1.27% 40.0¢ kingsgate consolidated limited.

increased resources

  1. 22,242 Posts.
    for those kingsgate followers, the company has announced the first resources estimate for the A deposit, which conveniently is jsut a kilometre from the orebody that they are now mining. the resources at the A deposit, are about 700,000 oz, and increase resources by 59%. the deposit is open at depth, to the north and to the south - ie, there is room for a further increase. this company has the potential to be a cash cow. in 5 years time, when the company has to offer a 50% share to the locals, there could be further big returns to shareholders. i am glad to be holding shares in this company, as a long term investment (of course, things can always change)

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Last trade - 16.10pm 18/11/2019 (20 minute delay) ?
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