A Challenge, page-15

I have to commend Stevie on his/her straight forward analogy of KBL - very insightful and why i wont be re-investing in this company just yet -

disclosure : bought at .006 and sold at .005 for small loss and not in any hurry to buy back in ( probably wont) until some of STEVIES's points are answered and addressed

IMO Sorby hills is the crown jewel with 4 mill ounces silver ( which is basically shovel ready) yet it sits there and their chinese partner has no interest in coming forward to fund project - a bit strange one would think considering the meteroric recovery of gold and silver since beginning of year ???

Management pressure
Im sure Greg knows this and has a lot OF PRESSURE ON HIM to prove to the market - this continuous free ticket to dilute shareholders with more shares and options is a worry because if as Stevies's comments above do turn out to be true and thy end up with 5 billion shares on the register - any profit they do make will make the EPS look sad, very sad

Debt retirement is critical and the only way is to issue shares because how the heck are they going to pay off their creditors - oh thats right ....gold production , well they need a b***** lot more gold to do this - i hope KBL turn this around because right now, at best its a gamble and why i respect STEVIE for having th guts to spell it out to a lot of you who are investing somewhat blind - the problem from where we were even at .006 when i held to .003 is a BIG drop in your capital and we are more likely to see the sellers at .002 before they are out the other side - GLTA I wish you well and STEVIE - mate thanks for keeping it real TU from me

Management- spotlight

Greg Starrs Summary

I am an incisive and highly analytical CEO and Board Member with 30+ years of international experience directing growth, streamlining operations, building high-performance teams, and driving market penetration and operational excellence. As a strategic and resourceful leader, I present with demonstrable commercial success in company growth, regulatory compliance, stakeholder engagement, transaction management, and investor relations.

My notable Executive Appointments include Board roles with the following companies:

Dongfang Modern Agriculture Holding Group Limited 2015 - Present
KBL Mining Limited, 2013–Present
Crater Gold Mining Company Ltd, 2008–2015
Kenai Resources Limited, 2007–2013
Michelago Ltd, 2005–2007
Emperor Mines Limited, 1997–2004