News: KGL KGL Resources appoints Denis Wood as executive chairman, page-6

One thing that I like is the resource and given the dramatic drop in exploration by the big boys over the last three years, they can only hope to rebuild resource reserves through acquisition. This will be come patently clear as the PoC recovers and the big boys cast an eye about for undervalued quality resources that they can dependably project supply timing around. Coffeeguy2U my pick is that KGL will end in M&A event, could happen any time too. Have been watching the register surprise and its pretty interesting just who has remained in the game and given events of last year, one would have to contend there were others with strong belief in the resource. Would not be surprised to see a reasonable attempt to get the share price down even further before the next major announcement. Not implying anything but no news flow certainly helps this cause. From my point of view this manipulation will present buying opportunities for more than one and I'll be in the queue. Especially with being below last CR makes me feel better for not taking part!! AIMHO DYOR