KCN 3.48% $1.53 kingsgate consolidated limited.

increased resources

  1. 26,765 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
$1.53
Change
-0.055(3.48%)
Mkt cap ! $349.6M
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$1.57 $1.61 $1.50 $596.4K 382.1K

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3 24220 $1.50
 

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Price($) Vol. No.
$1.53 6 1
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Last trade - 16.10pm 26/05/2022 (20 minute delay) ?
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Last
$1.52
  Change
-0.055 ( 3.97 %)
Open High Low Volume
$1.57 $1.61 $1.50 43635
Last updated 15.58pm 26/05/2022 (live) ?
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