KRM 0.00% 3.9¢ kingsrose mining limited

Ann: Way Linggo Project Update , page-6

  1. 351 Posts.
    Lord and Mick between you there seems to be a balance of polar views.
    Lord - It doesn't say anything about Way lingo being out of action and we already new that the mine will have lower grades at a deeper level. They are ceasing the mining above level 4 to be able to focus on exploring the silver vein.
    Mick - The company are only assuming that they will be back to full operation in April. There still may be doubt in them being granted the forest permit from the government and if that happens you may as well sell your shares. I too like being positive but the share price is at 60 cents for a reason which is uncertainty.
 
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