KTA 0.00% 1.0¢ krakatoa resources limited

Ann: Shallow nuggety gold system identified at Quartz Ridge, page-4

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  1. 233 Posts.
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    I'm starting to have second thoughts with management. Below are my reasons:
    - 2 capital raisings within 2-3 months (Shown in share price)
    - Drilling in Turon where first results were pretty much a duster. (This I'm not concerned about)
    - Drilled another round at Turon and hit very shallow gold. (Invested another round of drilling and for no significant benefits)
    - Delay in results (No idea on timing).
    - What is happening with the main projects. Why do these side projects?? Little confused with the direction on management.

    Maybe I'm just being negative but apart on land acquisition these guys have not come up with any goods atm.

    What is happening with Rand, Sugarloaf ...... REE grant.....??
 
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