Sorry but I can't see a reason for this to pull back and I should want it to since I have new money to spend on KAL Tuesday (when cleared) which will ad to my existing holding. If you take away the huge block of stock controlled by the directors the huge volume turned over by the rest of us suggests that most may have a cost price at 10c or above now. I think they will hold rather than sell.
Plus this company has shown to be conservative eg cut off grade increased from that used by previous bozoz running the company. So if this company says two weeks for further drill results u can bet it wont be 2 weeks and one day...more like one week.
There isn't a reaon to sell it down, cheap, gold price strong, previous correction had no affect..it went up..and guaranteed good news in a week or maybe two. Its a clean skin with near surface gold.
So there AGM is at the end of month. Not likely to ride into that with bloody bad news.
Then someone said there is a road show.
I like this story its simple its real theres no hidden nasties and we can debate the share price but no one has disputed the project which whils early does look very exciting
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
