kgl falling below 6c? , page-2

Its possible but unlikely. Personally Im braced for heavy selling next week, which could trigger stops and we might see 8c. I'll step in when we hit 9c.

To hit 6c, selling alone wont be enough. We would need more bad news. If Andash gets written down to zero, then 6c is possible even probable. For that the next update would basically need to be a definative NO from government and knock back our June 2012 mining license.

A vandal attack or death at or near the Kentor compound would send jitters through the market.

If we dont get an Andash update, then Jervois would need to be the negative culprit. Disappointing results or technical issues maybe.

Basically, I dont expect 6c. Certainly not on technicals or major selling alone. It needs to be coupled with bad news. Negative news is always positive, but Im not expecting anything significant enough to see 6c.