KAL 0.00% 2.9¢ kalgoorlie gold mining limited

weres our freebys, page-13

  1. 817 Posts.
    far too cheap at these prices jmho Buy side strong, sell side very weak imo. Will depend on the stale bulls but she looks ready to run imo and the chart looks good also. Market cap under 5m.

    Heads are probably the way to go but I hold KALO only. Sheeet! lol. Have been patient thus far and am keen to see sp lift off for the real goodies - assets sales that will deliver 26c per share!, the LOU distribution, Burey distribution and gold cash flow (~2m expected from memory). Uranium (lack lustre of late! lol) and gold exposure.

    Announcement regarding this cannot be more than 6-8 weeks away (imho!).

    This gives plenty of time for a solid entry into KAL. Personally I dont mind the wait. KAL admittedly behind the rest of the field in terms of positive sp movements. The contrarian in me likes this factor a lot!

    Next upward attempt to break out should hold and be reasonably strong imho, before consolidation leading up to announcement.

    Interested in others views. TIA

    Good luck to all holders.
 
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