Dont lose sight, page-2

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col69

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16/03/17

13:38

Post #: 23399034
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Originally posted by livas1 ↑

Hi everyone

Don’t lose sight of what is happening behind the scenes here and where the company is at.

Yes the sampling work costs money.
Money the company does not have in the bank.
Hence the Bergen deal
A couple of weeks ago raising US$150k would have resulted in close to 15m shares being issued.
Yesterday we got only 6.6m
The liquidity in the stock has picked up since the mining license announcement
So has the share price
Now we have Bergen with a stake they will look to offload and it gives a chance for the next group that want to invest to do so at more attractive prices.
I suspect when this stock has been bought then the price rise will resume
And don’t forget the article I posted yesterday – it is very significant.
There is government support for projects like the one we have. There is strong need for the product we will produce
The directors are owed $764k which they get back when there is a sale of the project or enough cash in the bank
They are incentivised to make this happen
Yes communication is poor.. it always has been
But what also has been the case is the risk/reward on offer here due to the size of the resource, potential high margins, and to a country that needs the product, with a very supportive government.

Good buying now IMO if you can get them.

Good luck all

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Almost at record high sales figures today at low prices for parcels .... Does anyone know if Bergen did get their shares and are offloading them today ? Just a thought ?

KFE Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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