KCN 0.60% $1.69 kingsgate consolidated limited.

Ann: Chatree Gold Mine Plant 1 Update, page-39

  1. 175 Posts.
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    I understand the concern about opportunity cost, but that can cut both ways- your next investment might turn out to be a disaster ( just like mine did today with MAY).
    These guys are the real deal, and when the September quarterly hits, the share price will have a 2 in front of it (unless of course gold completely tanks).
    I suspect that the western wall of the A pit (the quartz lease- withheld for many years) will yield 1g/t. Once they strip the waste off, it will be an absolute star. I am only guessing of course, DYOR etc.
    There will be no CR, they have enough to get through, and I suspect buybacks will happen early 2025 if all goes well.
    I am going to top up with what is left of my MAY stake, and try and claw it all back. Forget black gold- stick with real gold.
 
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