KWR 0.00% 2.9¢ kingwest resources limited

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  1. 59 Posts.
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    4.5 quarters at current expenditure left in the bank.
    That drops to say 3.0 by the next quarterly announcement with more money spent on drilling.
    Have to spend money to find gold.
    No where near the dire straights that people are going on about on this forum.
    Quality tenements with tangible asserts from the scoping study.
    market cap and share price no where near reflects the assets and potential upside of the company in 12-18 months time....even if gold drops.
    Was a bargain at 12 cents, 10 cents, 8 cents and now 6.5 cents is ridiculously undervalued.
    Told tight its a solid project large upside potential.
    I'll be holding.

    Cheers
 
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