KGL 0.00% 9.7¢ kgl resources limited

Resource Upgrade

  1. 3,740 Posts.
    With the resource up-grade ahead, Iam expecting a large increase,due next month !
    The Scoping study that was delivered in April 2012 is worth a read, for those not up to speed.
    The company continue`s to expand the resource,with up side,in grade and extention.
    Since it was delivered the Australian $ has dropped from $1.05 to 94c = 11%
    Copper is down 10% from time of the study.
    Lead about the same.
    Zinc up about 25%
    Silver down about 30%

    At the time the stock price was about $1.40

    PFS due September 2014 , expect this to look very sexy.
    Heaps of assays to come,and maybe a large Partner,
    Or dare I say,may get eyed over.
    Iam sure the market is now watching.
 
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