KMN 4.00% 12.0¢ kings minerals nl

15 million ounces of gold couldn't resist and topped up today....

  1. 589 Posts.
    15 million ounces of gold couldn't resist and topped up today. the consolidation at the moment is presenting a huge buying opportunity.

    next month we should have an updated resource estimate for San Anton = it has been expanded from 11.09 miilion ounces of gold to a figure much higher - could even eclipse the 15 million ounce mark.

    In January/february we should also have a resource estimate for Kalman -

    current conservative estimate is around

    40 Million tonnes at between 1-2% Cu eq

    comparison with CDU rocklands deposit

    25 million tonnes @ 1.63% cu eq


    CDU's market cap is almost double that of KMN's and they don't have a 51% share in a 15 million ounce gold deposit on the side


    DYOR
 
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