trading halt, page-85

Thanks MTO, my average is around $1.30, not game to work it out exactly as it annoys me.

We've had some great debate today, most unusual for a Saturday. I also thank Chuk for his posts. They have been very detailed and informative. I remain skeptical on the gold price reaching $3500, but great for us if it does.

The fundamentals for KGL haven't changed in a week! Murchison is producing, Jervois is a very decent discovery and I tend to think that Andash will go ahead.

So at some stage I believe that KGL will reach $2 over the next 12 months. At what stage investors, currently stuck with shares below their average buy price, decide to bail out is their individual decision. I'd be very happy with $2 and based on the what we already know, the sp should get there.

As KGL is my major holding I am missing out on buying some other stocks that look cheap compared to their assets, like ABU. As I have mentioned before I have met a prospector who is mining in the NT and he has seen visible gold in ABU's stockpile of rocks ready for milling, and in some of the gold veins that they will mine. His other recommended stock is Central Petroleum as he's discussed with the drillers there what they've uncovered.

I'd also like to take you up on your offer of chasing big barra, King Kev, trouble is that with KGL being so low I can't afford to get there! But when it hits $2 I'll be flying first class!

Some more positive drill results and the pouring of multiple gold bars would be very timely now, thanks Simon!