GOLD 0.51% $1,391.7 gold futures

cashed up gold producers, page-11

  1. 24,765 Posts.
    KCN are an absolute standout imo. KCN is currently ramping up low cost, unhedged gold production now that the company has been granted the Chatree North mining lease a few months ago.

    In addition KCN recently announced a new greenfields gold discovery that was forgotten about during the market chaos. KCN are confident of this turning out to be 5 million ounces - or even larger.

    From memory there are less than 100 million shares on issue at present.

    The political situation in Thailand, which didn't affect KCN's mine operations anyway, has now calmed right down with the new Government adopting populist policies.
    http://www.bangkokpost.com/news/local/135443/government-to-continue-populist-agenda

    I have a significant investment in KCN. If I had plenty of spare cash I would continue loading up in the stock.
 
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