if kau share go up stevieg999 then kau shareholders not worried at all since they sitting on unrealized gains on kau position...KAU got lots of cash money earnings from Henty mine gold.... plenty of internal growth of gold production...kau management dont have to waste cash on bad acquisition to grow gold production growth like many gold outfits have done in past kau just invest cash in a1 and union hill which will lower taxable income to kau while turbocharging gold output at 3 mines...having 3 mines is one of Pierre lassonde boxes to check...Very underappreciated also is fact KAU operate in tier 1 jurisdiction which makes KAU equity less risky for long term holder vis a vis resource nationalism vs. peers that operate in less stable political jurisdiction such as Mexico or Peru or mali for example.
KAU Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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