KIN 3.51% 5.5¢ kin mining nl

Yes I do dispute them, these are not high grades by any stretch...

  1. 5,173 Posts.
    lightbulb Created with Sketch. 3788
    Yes I do dispute them, these are not high grades by any stretch of the imagination.

    Every gold analyst or fund manager uses formulas, and has done for over 30 to 50 years and more, the closest to this for assessment is to multiply the grade of a drill sample by the length of the sample, an approximation to a high or high-ish grades is for the result of that multiplication to be greater than 100.

    This formula has been used for possibly a hundred years by some of the best in the business.

    So yes, KINs grades are absolutely nowhere even near high grade, and it's disingenuous for anyone to state so IMHO. In fact, they are actually truthfully on the low grade side, hence the stock price. Reality, that's what you have to deal with, and you have to do it objectively.

    Gw
    Last edited by Gwaihir: 18/01/23
 
watchlist Created with Sketch. Add KIN (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
-0.002(3.51%)
Mkt cap ! $63.62M
Open High Low Value Volume
5.8¢ 5.8¢ 5.4¢ $45.06K 829.7K

Buyers (Bids)

No. Vol. Price($)
2 73326 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 264239 2
View Market Depth
Last trade - 11.03am 24/06/2024 (20 minute delay) ?
KIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.