KRM kingsrose mining limited

Ann: Discovery of Maul Vein and Commencement of Drilling, page-4

  1. 529 Posts.
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    I actually think it is more likely they will resume mining at some stage.

    Surface results appear to be quite poor IMO, however they expect that the better stuff will lie below this, and they do know the area, from previous results.

    Wasn't expecting a drilling program until next year honestly, so this is positive and they must be fairly confident IMO.

    Appears market isn't to keen. I however think its very progressive and will be eagerly awaiting results.

    Also with the water issues that they are clearly looking at addressing I'm thinking they are leaning towards reopening the mining, which was very profitable in the past, so I personally think this would be the best way to go.

    cheers
 
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