emerging gold giant - we have breakout!, page-3

SP and all,

I too had noted the important break above 6.20 (after a bounce off the bottom of its trading range around 5.50 a few weeks ago). It bided its time around 6-6.20 for a while but today we really have lift off.

Certainly seems the share price is jumping up in rapid steps followed by sideways movement and then the next leg up. Certainly the trend established from the low $2 range is still strong and almost ridiculously consistent.

I have noticed, in relation to some posts months ago, re. earnings forecasts on Comsec, that after the announcements that the plant was operating at full capacity back in Feb, the future eps indications on Comsec jumped to in excess of $1 for FY10-11. So use this as a yardstick for future SP targets, but most well researched holders on here would already know that!

I think the reason there is not much posted here is simply that there is no news to post other than fairly banal observations of share price movement. In the immortal words of Led Zeppelin "The song remains the same". And if it continues to do so, then this trend may continue unabated towards the NPV of KCN which is at least $10 (see broker reports on KCN website).

So yes, this forum may be a little boring, but I'm not complaining!

However I am happy to regularly post inane comments like "yipee" "sheeza going gangbusters" or "congrats to all holders" if it makes you all happy.