KWR 0.00% 2.9¢ kingwest resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-15

  1. 348 Posts.
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    Your first sentence sums up the Company. It is frustrating to see out market cap below 30m when other Co's have a market cap of 40-50m and have not even put a drill bit in the ground.

    Our constant very high grade, albeit at shallow depth does deserve a higher market cap. I am confident that the initial MRE will present with 500,000 ounces to start off with.

    Maybe this one has not got the day trader momentum because we only have 153m SOI and it is very very hard to acquire stock. Also gold sentiment has been down the last 4-6 Months.

    I am hoping that the flow of news shortly will get us to a market cap that is in line with what we have produced so far and our potential to find a lot more high grade gold at depth both at Menzies and Goongarrie
    Last edited by mraki082: 22/01/21
 
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Currently unlisted public company.

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