KWR 0.00% 2.9¢ kingwest resources limited

Ann: High Grade Gold Discovery Validates Strategy at Menzies, page-3

  1. 445 Posts.
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    Again, too narrow IMO. Either market is not understanding the geology or we are onto a dud.

    I'm happy to hold here though, still too early to make a conclusive decision. Gold will continue to struggle in the ST while USD and major indices are powering IMO. Virtually all the other juniors are selling off atm and majors are the same - it's a good example of why it pays to be diversified.

    I believe this will change in due time though, as there is a giant debt bomb ticking and rampant QE that has ballooned asset prices. Just grab a bunch of these juniors and see what happens. Hopefully KWR has a bit more success before gold turns on again.
    Last edited by CS96: 27/11/19
 
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