KCN 0.48% $1.56 kingsgate consolidated limited.

Ann: Mining Operations Commence & Appointment of new GM, page-15

  1. 144 Posts.
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    It's not 'everyone'. To push the SP up requires new money whether retail or institutional -backed by a consistent story, communication and business fundamentals.
    The CR as Gymjunky eloquently put it 'did the technical damage'. The third is strong even though right now we can't always see the forest for the trees.
    it doesn't help sometimes, as much as I have always enjoyed Donc and LG, the rhetoric that transpires in this forum does my head in. Imagine you are a potential investor with a couple hundred thousand and read these forums. What would you think? Tribalism mixed with schizophrenia.
    I remember when I first entered in during the dark days knowing this was an 8+ year investment regardless of what I was reading. TAFTA and the strength of that insurance policy sold me, but needless to say I've had many a conniption.
    What has transpired since has been achieved through grit of the team, not always technically brilliant but sometimes a velvet glove is required - we don't always know the reasons behind decisions. Unfortunately the winds that were always against us have continued to prevail, even though the trade winds are shifting, will shift and will fill KCNs sails.
    Lay over the top of this the opportunism of HFT/algos and you compound the external view (fool me once...)
    Most retail investors aren't sophisticated, even though they may think they're looking long term they still freak out when they see the ADHD inspired chart.
    I agree with you. Hang in there. For new investors, do your due diligence (DYOR) and think 3 years. KCN will always be the one that got away otherwise.
 
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$1.56
Change
0.008(0.48%)
Mkt cap ! $400.8M
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$1.57 $1.59 $1.55 $295.3K 189.3K

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