KMN 4.00% 12.0¢ kings minerals nl

Boomu, I was just waiting for events to run its course. I don't...

  1. 224 Posts.
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    Boomu, I was just waiting for events to run its course. I don't expect the share price to do much until the transfer over to kings is completed.
    For a long time, I have been contemplating buying SNN shares in Canada because it is so so undervalued considering what they have in assets.
    Personally, it is a good move by Kings to do the shares swap.
    Kings is not one of those shares in the limelight and exciting to trade.
    But anyone who knows enough about the fundamental of mining can easily work out the probable feasibility of San Anton mine.
    I have more shares in Kings than the average shareholder but any further drop in Kings price is just a temptation for me to buy more.
    I still hold to the belief that San Anton cannot be ignored by the big miners.
    The first independent report is coming out and I think any public listed miners would need an independant report for board approval.
    Don't worry about the daily share price movement from small vol. trading. More people are holding than selling.
    WE will all be rewarded in a few months time.
 
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