KBL 0.00% 0.1¢ kbl mining limited

Ann: Mineral Hill Drilling Update, page-3

  1. 11,196 Posts.
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    KBL was given a nice little kick on the back of the last announcement a couple of weeks ago. Since then it has been manipulated and sold out. (Not a great time to release these price sensitive announcements a few weeks before tax time). The same thing happened today, great announcement with good intersects, yet it was sold out by afternoon. Too many sellers and the price usually goes one way. I think with more company presentations, greater PR, resurgence in gold and copper price, new financial year and more major investments will see KBL take off. I hold for the long term so not too concerned with the current manipulation. I am just waiting for the day of lift off and believe me it will happen. The company is getting its hands dirty and doing great things, the market sentiment just isn't there to attract enough attention from the other resource stocks many of which are in better financial positions and have larger market caps.
 
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Currently unlisted public company.

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