KGL 3.00% 9.7¢ kgl resources limited

Ann: Company Interview - KGL Strong Cash To Fund , page-15

  1. 7,746 Posts.
    re: Ann: Company Interview - KGL Strong Cash ... It was obvious a month ago when some newer posters to KGL appeared with high hopes, that it wasn't going to be that easy. KGL has too much history and disappointment to overcome. Drilling hype cant counter that we are now at 1c pre-consolidation and everything this current management has touched (Murchison/Andash) has been disappointing.

    Also the drilling results will be spread out over more than 12months and nothing really due until December with an upgrade hopefully in January. All the while cash backing is dropping so results need to at least justify the expense. That is before we even look at BFS/DFS and funding this very expensive project.

    We will be stuck in this sp range for the short term. And will take spectacular early results to test 15c.
 
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