Perfect storm arrives. US$ Index collapsed / crashed under 95 (looking to go lower) and COMEX February gold contract is trading at US$1828 and looking to break through $1830. Funds have flooded into the AU$ rising by 1% in the space of a few hours. That extra liquidity will pour into gold equities. IMHO KWR is primed to run on imminent news of Diamond Drilling beneath the conglomerates of Lake Goongarrie. We should also get assay results for Proposed JV with local gold mill operator. My conceptual (very speculative guesstimate) is that we have at least 5x upside in the near term, assuming that DD starts to confirm bedrock gold potential around Sir Laurence. Good luck to all longs.
KWR Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
