long term

It seems to me most buyers are just short term traders, say a few months, until the gold price has corrected to say $1300 or higher.

However i would have thought this company has a very exciting longer term.

Lets say the IPO (of 51% without voting rights) on Chatree for the Thai people is permitted by the Thai authorities, and gold price goes to $1330, and then KCN decides to proceed with the IPO. Given Thai investor are willing to pay a premium, a big chunk of new capital will flow into KCN (but ongoing profits from Chatree will halve)

Would the share mkt see that as positive or negative?

I think i will need to be guided by my broker, but what do others think?

The next two incidences are the Chile Chimberos project gaining amended enviro impact assessment approval, and then DFS.

Then back to Thailand for approval for 42 exploration titles - I guess with a percentage of local Thai interest. I think Ill call the MD on this next week as i want to know how this is to work.

But basically when say compared to TRY, this company has lots of exciting projects and Anns. Maybe info on projects and exploration does not excite the the sp, but i get excited.