KWR 0.00% 2.9¢ kingwest resources limited

Interesting day today. Missed all of it so can't comment really...

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  1. 1,580 Posts.
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    Interesting day today.

    Missed all of it so can't comment really on today's action other than to say that's the highest volume we've had since Nov 26 last year when we hit a new 12 month high of 24c.

    It also happened to be the Friday before the following Monday announcement of,
    "Sir Laurence Gold Discovery grows to over 1km strike length".

    Make of it what you will as have no idea how today traded other than course of sales but nice to know we did crack 20c.
    I'm inclined that this has nothing to do with a classic pump before CR as someone alluded to.

    Good volume at least so there is liquidity in sleepy old KWR.
    Now was the smart money selling or buying??.....Hmmm?

    If you overlook the headline of today's announcement and read the first paragraph those are pretty substantial intersections.

    "New drill intersections included 26m @ 4.56 g/t Au from 158m, including 2m @ 49.49 g/t Au from 169m in KWR2771 and 19m @ 2.15 g/t Au from 167m in KWR2741"

    Let's see what tomorrow and the rest of the week brings.
    Qtly due.
    Nickel assays due.
    Some commentary on the first three diamond holes would be nice also.
 
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