KRM 7.14% 4.5¢ kingsrose mining limited

Ann: Talang Santo Mining Permission Received , page-2

  1. 22,419 Posts.
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    This is the best news we've had since last September.

    The announcement is encouraging ( apart from the re-commencement of mining) because:
    -it indicates the grades are better than the drilling indicated
    -that wall chips have been taken which means that they are already down there
    -that awards have been recieved which indicates KRM has surpassed
    essential compliance and is a much more safer mine.

    We should now see a cranking up of production and, IMO, they will likely
    mine the rich veing first to get maximum money in the till.

    KRM's low cost production and directors'support (thanks to Mr Phillips)
    should see KRM prosper over the next year, IMO.

    With kind regards to all long term holders
    Moorookamick
 
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