Ann: June 2015 Quarterly Activities & Cashflow Report, page-2

Hi Moorookamick and all,

After promising so much I found the last quarterly announcement very disappointing. I also think the management are not doing themselves any favours by not telling shareholders important news as it happens. I dare say this water issue came from left field and hopefully the management can find a suitable solution and work around the problem. It would be nice to hear from them how they intend to address the water problem. Fortunately I believe no-one was injured.

Maybe one day this company will break it’s extremely long run of bad luck possibly some kind of managerial sacrifice to the mining God’s would help!

I guess we can only hope that once the level five ore can be accessed we see some improvement in production ounces.

If the company ever decides to update the company video may I suggest they add some background music, this suggestion of mine should be just about ideal. Because owning shares in this company certainly makes me feel so lonely!



Other depressed KRM shareholders may take some small comfort from the linked areticle on the subject of physical Gold supply being crushed. It certainly appears that KRM is doing its bit towards limiting the supply of physical Gold ounces to the market I’m just not convinced it’s really helpful to the long suffering shareholders!

“It can’t be stressed enough; gold prices are setting up to provide big gains to investors. Just pay attention to supply and demand; you will notice how the precious metal’s market is improving fundamentally.”

http://www.profitconfidential.com/gold/gold-prices-headed-to-2000/


Cheers and very best regards: Andy