KSN 1.28% 7.9¢ kingston resources limited

I'm not so bullish on Kingston any more since I heard about the...

  1. 37 Posts.
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    I'm not so bullish on Kingston any more since I heard about the concerns of some shareholders.
    Grade is only 0.9 and with 0.35 cut of this is very risky especially with stripping all that backfilled mining waste from the old operation will further press down possible margin. Who want's to bet half billion dollars on that? Grades are shit like it's in Australia but sadly it's on shithole country Island.

    If they are able to finally get the ESIA study or even Mining License and stock would rise to 0.2, I throw all shares and turn my back on company.
    Although management did nothing wrong and I like them, but I lost optimism, sad.

    Sorry, if my english is not so good...
 
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