flavour of the month, page-16

waksimus

What have management done wrong?

Nothing, have done a great job.

However gold mining companies going into production have had management problems, cost problems, ramp up problems, grade problems etc and this has impacted the sector plus the mass exit from speculative stocks due to sub-prime.

This has been crystal clear for sometime, do you understand at all what has been happening.?

Check all gold explorers, same boat.

Or at least back up crap statements with some fact.

KAL maybe in doldrums for a while. If companies cannot get into production without all the drama they have had recently then explorers have nowhere to go. None of them unless they unearth some shallow high grade deposits. They seem to have been all but mined out of existence.

For growth in the s/p we need success in the emerging producers to be apparent and for that the POG needs to go higher in AUS.

Even though POG has gone up so too have costs as the quality of gold deposits lessens and increase of wages etc on top.

Nothing to do with management.

If all the stars align companies like KAL will see massive gains but it will not be tommorrow so folks may choose to go elsehwere and return to KAL at a later date. Fair enough. Still nothing to do with management.