6.7c bid, page-5

GS,

I'd be interested if someone has the answers.

I was a buyer at 7c.
- Don't know what Bullant is worth but I figured 4-5c would be absolute rock solid bottom: same as KMC paid back at lower pog
- Snowbird could be worth a lot more than current market cap but won't know til about April when assays back - probably worth a couple of cents a share now prior to drilling, maybe more
So I figured 7c was not far from bottom and made a note to buy more to av down if it goes below 6c.
Plus the SIs who put in at 8c can't have been all stupidhi
Plus the MD is KMC's greatest asset and given time will start to produce some cash flow.