Ann: Record Daily Production in February, page-6

I think the best valuation of Kingston comes from the company itself.

- they purchased 19% of Misima for 2 million. So lets say 10 million for Misima, because they did nearly nothing but numbers gambling on the resource since then and delivered nothing useful.
- they agreed to pay 23 million for Mineral Hill + 2% royalty. They had good drill results since then but also the mine seems to be so small that they not even dare to publish capacity or any numbers for the future. I think mineral hill ist completely worthless trash and may be they even overpayid

= 33 Million, excactly the current market cap

So ridiculous how CEO runs around telling that Misima ist worth about 60 - 80 million minimum, they fooled me, because I did not do research on company history. If I had, I would have never bought in to this trash. Damned Hannes Huster Goldreport market letter talked me into this crap.

Management improved recent presentation so nicely, they switched some stuff more appealing and sensible and really got the best out of their old powerpoint material. I'm afraid they wanna do a capital raise. Now I said it.

Market does not like companies without cash these days, so even if they resist to delute at this terribly low level, the suspicion that they could keeps depressing share price. Its's sad.

But what concerns me more is that they completely stopped to talk about Misima progress. stinks. Things don't seem to be evolving well there. Hum, we will wait and see....