KMC 0.00% 0.6¢ kalgoorlie mining company ltd

where did it all go wrong?.., page-12

  1. 259 Posts.
    Fridge,

    Just out of curiosity what made you punt 650K on this stock?

    were you convinced like myself that it was a sure thing?

    thats a lot to punt on a speculative stock that has no history of profitability

    My reasoning was that they did their homework before they started mining i.e. they had an opex of around $1200/ounce using say $1500 for the gold price,

    anyway they are/were clearly amateurs and proved it loud and clear
 
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