KAB 0.00% 0.1¢ kaboko mining limited

warning signs are there, page-7

  1. 1,857 Posts.
    Flyingdoc, my post simply to highlight share movements/connections. Most here would be completely unaware. I know I was.

    At first glance, I guess what annoys me, is the fact that Vendors (according to my own research) were dumping majority of their stock on the very first decent sp move/news.

    This gives no credibility whatsoever to the project or the off take deal (given the sales consideration would have generated around only $1.5m). If they weren't vendors then no problems at all.

    The way the sp fell and JB buying in the nature he did just doesn't sit right me. Perhaps he thought they were dirt cheap or perhaps a pre-planned and well thought out investment strategy - who knows. It was certainly erratic (given he would have had full knowledge who was selling) Will JB spend KAB's future funds in the same manner.

    Certainly hope no financial link between Vendors and Okap/komodo, though that goes beyond the information I want to look at/comment on.

    Cheers,
    The Sparkler

 
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