Just like my post on CVR in this market, valuations don't mean jack... Investors want to know if a company is going to make money.. Take a look at UML, gold producer making money no debt good dec Q report have near 50 million in the bank but the sp has move only a little.. That say a lot about our market at the moment...IMO there is just a complete lack of interest in most of these stocks....
In KBL case need a few more Q reports to get a complete understanding of cash cost v revenue....
KBL Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held