geffa
The problem is what is going to make KRC break 14 cents?
I believe a the only stimulous left is a successful RC drill outcome because all the excitement was taken out of KRC by the cap. raising.
The bulldozer find got us to 14 cents, the cap. raise took us back to 12 cents and the drill commencement has had no effect. So where to now?
If the drill program is disappointing we will see sub 4 cents again with no funds to deliver phase 2 and that could be only weeks away. The hand helds don't appear to be producing any excitement as the core is stacked on the drill site. Much the same as November last year.
I am watching the MAT and SVY share prices climb as their drilling programs proceed while KRC's price has dropped back from 14 cents to 12 cents since drilling commenced. Rock chip samples wont cut it any more so shareholders are now confronted with drill success to drive the price any further. No drill success and we are in trouble.
When overseas investors are gifted market upsetting 12 cent shares those investors should be obliged to buy the same amount of shares again on market. In that way the outcome is beneficial for ALL shareholders.
