Love it.Originally thought just a day trade sub .10c and have...

Love it.

Originally thought just a day trade sub .10c and have traded in and out since but always mantained a free carry position.

The type of deposit KAL has is what majority of major producers have and prefer to mine...en masse. Speculators prefer higher grade but mining those deposits is a nightmare, expensive and too long to production so for me KAL is the best there is at the price. Without a doubt. Location. location of course plus some op to grow further. They also have further resource at a lower cut off grade that could be added back on if POG does reach heady heights. That is extra resource without any exploration expense.

Once scoping study done and hopefully further resource definition we may see a more learned investor on board, hopefully. My main aim is to see a re-rating of all gold mine juniors and developers as a response to the increased POG. This is where I see the greatest gains for KAL and a few others. Just need the investors to firmly believe in the gold rush. It may take a takeover bid from the big miners to be seen with cheque book in hand to start that rush, but it will happen.

So what better bet is there for a gold developer?