KAI 0.00% 1.3¢ kairos minerals limited

Ann: Kairos extends gold in soil anomaly to over 8km, page-7

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  1. 2,382 Posts.
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    This is indeed interesting news.

    I get it that now there has been a HUGE shift in focus.....the conventional gold is now the number one exploration target. It can be drilled...so at the very least that could mean some NUMBERS like g/tonne and ore body mapping...given time. The market, at least in Australia, likes those things, as it enables conventional valuations to be applied and that means the broad gold market will be interested.

    It must look pretty good..Mt York is on the backburner at present so the additional drilling that was being planned for there has been halted.

    What of KAIs conglomerate? We know the company started the season off with this as a priority so it must really look like its worth chasing...pretty well everyone else has given up. The difficulty with it, no matter how good it is, is that you cannot establish numbers without spending a lot of money and time, which the broad gold market in Australia presently will not support..too long term. Not a patient market. It will have to wait for the time being I suppose.

 
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