Regardless of the early buying yesterday it appears that KGL is on track with is drilling programme to change the scope of this already significant resource. The ratio on cost of each hole relative to return in resource extention is starting to look stella. Its a shame the market sentiment for junior explorers is in such dier condition, not to mention this resource being housed in a company with such bad track record. Still this is very encouraging, it may be that KGL becomes a take over target. Certainly starting to look the diamond in the rough. AIMHO.
KGL Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
