re: taw & kim - anything upcoming?
As far as TAW is concerned, News is due regarding what could be a massive diamond discovery only 6km from the de beers mine in south africa. Some market observers attribute a NPV 5 times todays share price the the TAW Daniel project, so there is plenty of blue sky with this stock. As always, where there is bluesky potential, there is also high risk and I feel the downside is all the way down to 30 cents initially before maybe a recovery to perhaps 60 cents, because TAW actually have lots of good ground which hasnt even been drilled very close to the de beers mine anyhow.
The stock is very tightly held with the directors owning more than 40% of the company. One director was quoted as saying that if the Daniel project proves up to be what they expect, "we are talking about a share price in excess of $10".
I note that the KIM market cap is 200 million! Just goes to show what a junior can do!
good luck
skippa
TAW Price at posting:
0.0¢ Sentiment: None Disclosure: Held
