I'm holding 4 other gold stocks, BGL,AWJ,WTM,and NST call options .I decided a few months back that if KCN doesn't perform with a rising gold price, i would be really peed off.So here we are, and so far, it's panned out well.
I'm still holding KCN. I will probably roll everything back into KCN the week of the next quarterly report.
The fact that Jamie doesn't communicate to the market has punished long-term holders and has left an opportunity for new money to buy in cheap.
Do yourself a favour. Have a good look at AWJ its a tiny producer with a market cap of 36 million they are in a better financial position than KCN right now, they remind me of NST when they first started, and their dore bars are gold in colour.
General discussion, page-5206
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Last
$1.37 |
Change
-0.015(1.08%) |
Mkt cap ! $353.1M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.36 | $167.6K | 122.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5474 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 5962 | 4 |
View Market Depth
| Last trade - 12.02pm 03/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |