Ann: Kingsrose to Commence Drilling at Rana Project, Norway, page-9

Brokers are the ones usually doing the marketing, only so much the company can do via social media, investor presentations and seminars but as I mentioned in my last post, KRM is so tightly held with little shares on issue already that there's barely any free float and they have $26m in cash so Brokers don't have any leverage over the company to force a capital raise and they can't get their hands on any or enough shares, so they're not pumping it like you see other stocks being touted around and any other individual investor will be quietly accumulating to not cause any major spike in the share price.

It's going to be a slow burn, but once drills start and results flow through across the projects especially with BHP and more so in my view, the Advanced Copper Project acquisition that management have said in this months latest interview is very close and could drop anytime but can't provide further details; this will capture more attention if it's as high quality a project Fabian has been suggesting and will be the catalyst to re-rating the company.

It barely trades $100k worth on a "good day" and today has only been $24k worth, so this is the most telling aspect that it's not being toyed with by traders or brokers and is very much under the radar for probably the highest quality spec-stock on the ASX right now at a sub $100m market cap level.

By quality I refer to the calibre of the management team and their experience, especially Fabian's, the deal with BHP Xplor program and having access to their network and knowledge and the $26m cash in the bank ready to be deployed on a high grade, advanced (likely Copper) project.

Charts are also useless for this type of stock, as it trades such little volume even on a good day and it skips price points because there's such little free float of shares available. Once it starts trade a minimum of $100,000 on a slow day and over the $300,000 level on a daily basis that's when charts will be of proper use.

I have other stocks at similar market caps that are trading daily values of $400,000 to $2,000,000 and they're projects are highly speculative, most having only rock-chip samples but they have higher free float of shares; some have had a credit raise recently so the brokers are all over them pumping and manipulating.

This isn't a stock for trading, this is one for taking a position before the crowd wakes up to it and getting in early.

Just a nice little write up I came across about Fabian that I thought I'd share:

Mr Fabian Baker is the Managing Director of Kingsrose Mining (ASX:KRM), where over the past two years he has transformed the company from a small-scale gold miner, to a leading explorer with a portfolio of nickel and PGE assets in Finland and Norway.

Kingsrose was recently selected from hundreds of global applicants to participate in BHP’s inaugural Xplor program.

Formerly, Fabian was the founder and CEO of Tethyan Resource Corp (“Tethyan”), where he led Tethyan’s entry into Serbia, identifying and negotiating the acquisition of significant gold, copper and base metal advanced exploration assets and building a high quality exploration team active throughout the Balkan region.

In 2020 Tethyan was successfully acquired by Adriatic Metals Plc, a company listed on the ASX and LSE.A geologist by profession, Fabian’s positions prior to Tethyan include that of Chief Geologist at Lydian International, where he was an integral part of the team which proved up a + 4 million ounce gold resource and completed a feasibility study on the Amulsar gold deposit in Armenia.

He was also Exploration Manager for Royal Road Minerals in Turkey. He has a Bachelor of Science in Applied Geology from the Camborne School of Mines.