Ann: Kingsgate completes $46M institutional placement, page-206

I disagree strongly with your view on the share price not soaring. A move from near zero to 200c is in fact a spectacular soar. It is irrelevant what it once was when describing its performance as measured over a particular period of time. That is precisely what I have done.

In my view it is irrelevant what the share price was in the past. The fundamentals have fundamentally changed since its all-time peak. The world has moved on since. Moreover, it is not even an operating gold mine at present. I am not saying that the share price can not rocket from here. I believe there is a good chance it will.

To make a sweeping and outrageous claim that Kingsgate's share price is an illusion with out any supporting arguments, or evidence, is preposterous. What would you say if I claimed that the world is just one big illusion, and left it at that. I know what I paid for a share, what I have sold it for and what the closing price is on any day. Those are certainly not illusions.

As for the scammers, I am thrilled to learn that unknowingly I have out-witted them in recent years. Fundamental analysis has beaten them at their own game, even in the short term. They can play their games and I will happily play mine.

I understand your beef about illegal market practice. No one likes it. I hope disallowed authorities finally show some teeth and stamp it out. Well done for your good work on exposing their illegal activities.