KBL 0.00% 0.1¢ kbl mining limited

G lode sampling confirms high grade gold, page-21

  1. 12,127 Posts.
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    I am a buyer at the right price - but don't need to add anymore.
    I am trying to understand where that price is.
    If they keep on pumping out more shares after April, then it is hard to make that call.

    The positive announcements before each share issue to vendors has helped prop the price and has limited the damage. So I am expecting another before the April issue (perhaps an early preview on gold ounces before the official quarterly - if the number is good).

    They could do a lot for current holders and the shareprice if management would clarify their intention. Is this open ended or does it stop in April?

    Ultimately there has been a heap of shares issued to people who never intended to be shareholders, they just wanted their bills paid. What would you do?
    If you don't factor that into your considerations you are playing with one eye closed.
 
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