KAL 4.00% 2.6¢ kalgoorlie gold mining limited

as predicted light day in a tight trading band, page-4

  1. 13,576 Posts.
    zar...rau raised money at .07 before the stock tripled....its not about the c/r because they are not placements to the common shareholder...its to sophisticated investors meaning they get the money almost immediately..
    ZAR...the point that u have missed is that rau and all the above u have mentioned have either doubled or tripled in price, in a short period of time....for those that bought in early they have done very well....so the stock needs to take a breather a very long breather...the higher it goes the more dramatic the correction and the longer the consolidation becomes....as for kal its a different kettle of fish...did u notice after the 150mill day... the stock corrected the next day on only 50 mill...thats a positive...since then its been in a tight trading range with deminishing volume ..again very positve....there is one more leg up in kal before a very long consolidation....we should see the next breakout in 2 weeks...which will be more powerful and explosive then the first....
 
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