This is one of the reaosns i was originally skeptical about kal. it was perplexing to see a stock that is involved in such a historically solid resource get depreciated so harshly the other day.
after such a solid announcement, despite the very weak situation of the dow at the time, i would have expected kal to hold its ground much better. the holders seemed impatient and ignorant imo.
as with BB, i dmor and valued this stok much higher than what the market did. and whilst gold prices had slipped extremely marginally, all indicators showed the market bouncing back just like it did last night. without the announcement today, i still had this worth around 20 cents.
the bottom line of this post is it will be interesting to see what the new breed of kal holders is like. a lot have changed hands today, and heres hoping their holders have a better, and more patient, judgement for their own sakes
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
