frustrated holders..., page-12

IMO most of the selling down recently are from holders who bought around 10C as they can certainly afford not to wait anymore and to sell at around current prices while still making over 100% profit.

i believe we will be getting a very nice resource upgrade very soon judging from very good grades from recent drillings. plus there are still some more drilling results from areas such as Break of Day, Everlasting and Telegraph still to be released this week(or next week), i dont think these results are priced in judging from the tiny market Cap of KAL with current 1.2Mil OZ resource. just look at other companies such as NAV, with less than 1 million OZ but market cap is over $100M now.

below is an actual quote from the KAL announcement from 14th of Nov:

"The Company expects results(Break of Day, Everlasting and Telegraph) from this drilling campaign will be available within 4 weeks"