Market has been very volatile due to US debt ceiling. However, KDR holding it well with great resistance. Volume has been very low past coule of weeks and now just under 1 Million on sell side out of 105 Million shares. Non of the major, medium, smaller invetors are willing to share KDR but smart accumulations going on looking at bright future this explorer can bring to the holders in few months time.
Everyone positive that US debt ceiling issue will be resolved this week and market will come out of the volatily and so the drilling results from KDR.
Smart to hold & accumulat KDR and silly to sell it out at such lowest price. Will have to pay 20-30% premium for re-entry.
KDR Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held
