KMN 4.00% 12.0¢ kings minerals nl

betty boo * who are you fooling?

  1. 24,765 Posts.
    Keep ypur posts about KMN in a KMN thread. Don't post in an ADU thread.

    What sort of gold does KMN have? How many ounces of those millions of ounces of gold is copper turned into a gold equivalent resource?

    Have a look at the drilling results released with the latest KMN quarterly. If these are representative:

    The gold is consistently below one g/t. The silver grade is low - usually below 30 g/t. Copper grade is also low. Regularly below 0.1%.

    Development expenses of a deep, low grade gold/silver/copper resource would cost an absolute arm and a leg.

    ADU is a gold play with a good grade of gold - above 2g/t. If you want to invest in a gold company you don't choose a company witrh grades below 1g/t.

    SO STOP SPAMMING THE ADU THREAD.
 
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Currently unlisted public company.

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