KGL 6.98% 10.0¢ kgl resources limited

hosts an inferred resource of 13.5 million ton, page-59

  1. 5,991 Posts.
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    I had a great talk with Kevin from Keith Mayes
    Chief Operating Officer, He said there a exciting times coming for KGL, I asked about the deposit at Jervois which has already been released in an announcement about the value of the resources they have in the ground at today's market resource prices for copper, gold and silver, he said its around $2 billion dollars, that's right its huge, with the current drilling program about to start any day now the are hoping and are confident they will get an increased resources of 50%

    Scoffield and has estimated there is already 6 to 8 million toms of copper adjacent to Jervois. Now KGL is drilling along strike to to upgrade their current findings.

    Keith also mention there were other companies trading at 30cents that have only drilling from drilling programs but no significant resources that KGL already have in the ground, so in my opinion 10 cents is a bargain price, $2 Billion already in the ground at Jervois and more to follow, I cant wait for progress reports to be announced

    Good luck to holders, this is one im really excited about

    I hold BGS, RMG, ROG, AKK
 
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10.0¢
Change
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Mkt cap ! $56.72M
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10.0¢ 10.0¢ 10.0¢ $450 4.5K

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No. Vol. Price($)
11 441786 10.0¢
 

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11.0¢ 62692 3
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