I have been watching KBL for a while now, and I think it is a...

I have been watching KBL for a while now, and I think it is a good time to buy in both from a TA and FA perspective.

From a TA perspective, we have cleared the 19c resistance, and about to clear the 20.5c resistance IMHO. We are in a nice uptrend, and the cap raise at 17c has put a nice support level under current prices IMHO.

From a FA perspective, this is cheap on any metric. KBL have a cap around $60m at 20.5c. They have a two major projects, with Mineral Hill being a producer. We have some nice drill results to be announced in the very near future over very good widths.

We also have a plant with a replacement value around double the current share price. Its worth having a look through the latest presentation and listen to the latest BRR broadcast.

http://www.brrmedia.com/event/99135/trangie-johnston-ceo

Mid term revenue targets of 5 times the current cap, 10 years plus mine life. Copper seems to be the favored commodity at the moment.

I could easily see this 40c plus in the next few months.