@miningnut, compare this slide deck with CYL's or PNR's or WGX's, or probably just about every other diggers and dealers slide decks….
KCN is not behaving like a producer…everything so far has been refurbishing and ramping up processing plants, processing dust from stockpiles, buying a monumental amount of brand-new CAT equipment, doing some puny attempts of exploration drilling here, there and everywhere, trying and failing to sell the NE white elephant, building a humongous tailing dam, raising capital at loan-shark rates, employing lots of staff, doing excellent community goodwill stuff and attending many, many conferences, collecting some loose rubble to add to the stockpile, and talk of expanding into Laos….
….but so far, no mining of gold or processing of newly mined ore….as far as I can work out.
it is so puzzling, it makes one wonder if they have permission to mine yet?
how do we know the boom boom wasn’t simply to produce sterile rock to build the tailings dam wall?
Will KCN ever become a proper gold producer, and if yes, when?
KCN Price at posting:
$1.36 Sentiment: None Disclosure: Not Held
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