KAL 6.45% 2.9¢ kalgoorlie gold mining limited

flavour of the month, page-21

  1. 6,316 Posts.
    lightbulb Created with Sketch. 54
    Morning Wilson,

    Still holding them.

    KAL is a longterm hold that at some stage down the track it will fire up. In the meantime, management will continue finding more Gold, improving grade and quantity.

    According to a number of articles i have read, the small Gold producers and explorers will eventually play catch up to the POG. When that happens is anyone's guess. The underlying question is "At what price will Gold be when the juniors do breakout?" $1000-$2000?? The longer it takes the more profitable it will become for low cost/low grade producers. In the meantime KAL will continue to grow its resource base.

    Very confident in Management.
    Slow and steady.

    Cheers markco2

 
watchlist Created with Sketch. Add KAL (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
-0.002(6.45%)
Mkt cap ! $4.597M
Open High Low Value Volume
3.0¢ 3.1¢ 2.9¢ $20.99K 697.1K

Buyers (Bids)

No. Vol. Price($)
2 203571 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 66776 1
View Market Depth
Last trade - 15.00pm 21/06/2024 (20 minute delay) ?
KAL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.