KAU 3.03% 16.0¢ kaiser reef limited

Ann: Kaiser Update and Decline Development Commences, page-22

  1. 9,313 Posts.
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    a very tidy runup to what appears to be a day’s high of 33.5 cents before retreating to the current 30 cents. Still up 4c or 15c.

    with many other gold explorers and producers also rising, today’s gain can surely be attributed to a rising price of the yellow metal, last quoted around US$1867, up more than $20 from early in New York.

    the beauty for KAU holders of the relatively small number of SOI can amplify the size of any move.

    KAU reported late January the top 20 shareholders held 53.5% of the total 115 million shares.

    it would great if some positive news about the A1 mine rejuvenation were forthcoming to dovetail with support from a rising gold price. Something as simple as the company has sold xxxx ounces at xxxx to help allay fears by some about a capital raise.

    exploration has certainly identified gold is present. Whether this can be accessed economically remains to be seen.


 
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