KAL 0.00% 2.9¢ kalgoorlie gold mining limited

will oppies be in the money by expiry, page-2

  1. 3,972 Posts.
    Will oppies be in the money!

    Well we hope so.

    If gold fever actually takes hold should be no problem HOWEVER when will it take off?

    Seems to be building up nicely but gold bulls at war with spec bears. So if any spec sector will shine this year we think it will be gold but still it is spec end of the market and specs are on the nose right now.

    I am out of specs except for KAL. Only one I own because it has all the right ingredients for success, however it does hinge on the junior gold stocks taking off and that has not happened yet. Producers are doing good as is always the case at the beginning so we just need the gold price to hold strong and in time juniors will have their day.

    So risk involved as in any spec but I do think there is plenty of time HOWEVER I would be in tune with market sentiment toward gold stocks, know your limits, have a plan and watch for KAL's announcements. Take it day by day.

    KAL on it's own is a great stock but the market jitters may both help and hinder gold stocks going forward. So once again, just monitor each day positive sentiment toward gold, measure the sentiment rather than the s/p as in days of sell offs everything takes a hit but those that are in hot sectors will recover. Our hopes pin on gold fever taking stronghold.



 
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Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $4.597M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $3.421K 121.1K

Buyers (Bids)

No. Vol. Price($)
1 3921 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 30000 1
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Last trade - 15.54pm 28/06/2024 (20 minute delay) ?
KAL (ASX) Chart
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