Hi all,
Although havent posted on here for a while, I am still in accumulation mode.
Fundamentals havent changed.
We are currently aware of a 1.2m inferred and indicated resource at a cut off of 1g/t.
Since then we have been provided with some very encouraging drill results at Mt Henry and Selene.
What I like about the current situation is there is no HYPE. When the share price was at 25c going into the TH, the market expected massive grades and a massive resource upgrade.
Now that the expectations are done expect a similar run IMO to the one we saw when the second Mt Henry results were delivered. At the time just before the ann, KAL fell back to 11c and looked to slip under 10c. They more than doubled in price on that day.
Dont let the market fool you. Dont judge a book by its cover. The cover will tell you to sell. The market is all about transfer of wealth from the impatient to patient. Plenty of money to be made on KAL.
THe gold bull run has only just begun. The US economy will be in stagflation next year IMO, the fed will lose control over the economy and gold stocks will be in full bloom (Stagflation is high inflation and low economic growth)
Best of luck to holders
Cheers
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.596M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 253 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.031 |
1 | 20000 | 0.030 |
4 | 149016 | 0.029 |
2 | 299701 | 0.028 |
2 | 175000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 253 | 1 |
0.030 | 12701 | 2 |
0.031 | 10250 | 1 |
0.032 | 181934 | 2 |
0.033 | 107551 | 2 |
Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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KAL (ASX) Chart |
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