It seems the placement has come at no better time. The nasty bit is over and with JORC still to come very very shortly i feel this stock is going only one way. Money is already exchanged hands. That means that we wont see the same as what is happening to INP, placement at $1.17 to shareholders. I hold INP and why would i pay $1.17 when i can get them for much cheaper on the market. KAL managment have done well. Only raised the required amount 2.5mill is small compared to most CR's. Patersons are a strong broker with no intention of losing its reputation for a spec company. They know KAL has the goods. Cant complain about todays re-trace, as it only gave me a chance to buy more at less than what i feel there are currently worth. Thanks to most probably the day traders. Gotta get some sleep i can see gold every time i close my eyes.
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
