This was posted on Hotcopper Stockpicker -n the other beta site---well worth a look.
Well done all in two days and looks like going a lot further.
This guy got it right--
KCN - Kingsgate Consolid.
Title: KCN to gain....
Picked by: Monty
Picked on: 28/10/02
Pick Expires: 28/11/2002
Pick Price: $2.8
Current Price: $2.99
Predicted Price: $2.99
Current Return: 6.79%
Predicted Return: 6%
KCN will report production figures in two days. It is expected to reflect another good Q,result of 40,000 oz ata cash cost of less than $US 75/oz.
The company is confidently predicting 160,000 oz of gold for the full year.
Profit should come in at $30mill . That represents about 60c per share.
The recent inclusion in the ASX index will peg any downside.
Further rerating is expected as it is recognised a a premium gold producer.
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