capital raising, page-2

My read on KGD is that they will not capital raise until after the DFS is finished.

As for me that would be the bargaining chip they would use to motivate institutional investors to pony up the $.

Regarding the similarity with GOR, I think they are quite different companies, GOR has a big mouth, and currently, little to shout about, KGD whispers and has lots to show off.

KGD is playing things very cool. My rational for entering KGD is simply to ensure I do indeed get to participate in a Cap Raising. (The last raising was so much higher than the current SP, crazy).

Most posters on HC look at Cap Raisings as a negative, for me, they are what makes a company, solid shareholders show support, management does their job, resources get dug up and profits flow.

I would love the company to put out a little bit of info on what they are looking into for progressing the project as quickly as possible, with only just over 100mil of shares, its very tightly held, and (assumption only) they will be willing to put more money in now, compared to the last raising.

IMHO.
DOYR. - Hopefully soon others will start investigating KGD so we can start having some great discussions.