The only reason the KGL SP is not surging ahead is that the broader market has no idea it exists. Gone are the days when brokers actually did meaningful research on Juniors for the benefits of their clients. They are now all about earning fat fees and options for placements of crap! Anyone who can do any basic research will see that KGL is a stand out globally in the copper space. It ticks all the boxes: 1.Very good high grade resource in a new region with a massive exploration upside; 2.Excellent bankable feasibility study completed using conservative parameters; 3.Over $30 million spent .BFS shows value of over $400 million using a ten year model when it is sure to go for 20 years minimum. 4.Cash flow of around $200 million a year at current prices. 5.Tier 1 advisers appointed to assist is funding. Trading over the last week suggests there is a large buyer soaking up the stock;If it continues to trade above 9.5 cents then the shortfall from the latest issue might be placed at a premium Wouldn't that be a positive sign!.
KGL Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
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