KMC 0.00% 0.6¢ kalgoorlie mining company ltd

Ann: Quarterly Activities and Cashflow Report , page-19

  1. 3,827 Posts.
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    Nicto,
    1- Snowbird is being drilled by KMC this winter. It could be worth a lot (>>8c per share) or very little. It could have been flicked already, but is regarded as a key asset (subject to drilling results).

    2- Don't know why they changed names and kept Mid-C and Snowbird.

    3- I think they don't explain Bullant better because they can't explain it better yet (look at recent presentations - no detail). Right now they have too many uncertainties and the Barrick deal is not worth much, it's more for show. There's the 'ride the high pog wave' story but there are much better ways to play that angle.
 
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