@miningnut, please tell me honestly now…when you saw the funding announcement come through this morning, weren’t you just a little bit sad to see what deal Jamie and Ross had come up with after waiting all this time?
to me, KCN has been reeking of amateur hour all the time…
I reckon no-one loved the KCN come-back story more than I did, apart from lovegod and oldfolk, perhaps, but I just don’t think Jamie and Ross are the best executors of this comeback story…
Have you checked out Catalyst (CYL)?
it just reported producing 115,000 ozs for the year, they have no debt, cash in bank, 3million+ ozs in resource I think, a location in Australia across multiple sites, and are being run by the son of the legend, Robert de Crespigny.
That company has a market cap less than KCN's!
maybe, just maybe, KCN is over-priced for what you are getting: no meaningful production yet, weak management execution and a really tough jurisdiction with a history of stealing profitable mines!
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$1.37 |
Change
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Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.35 | $1.40 | $1.35 | $544.1K | 394.6K |
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No. | Vol. | Price($) |
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1 | 2256 | $1.36 |
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Price($) | Vol. | No. |
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$1.39 | 8384 | 2 |
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No. | Vol. | Price($) |
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1 | 2256 | 1.360 |
4 | 31886 | 1.355 |
2 | 97282 | 1.350 |
2 | 3416 | 1.340 |
2 | 8989 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 8384 | 2 |
1.390 | 3384 | 1 |
1.400 | 16238 | 4 |
1.410 | 1671 | 2 |
1.420 | 10000 | 1 |
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