i could never work out why kcn was sold down so much. from a high of $4.40 down to about $2.80 - the sell down was too severe. i did not sell any on the way up, and did not buy any on the way down - i have plenty. kcn is up strongly today, obviously on the back of good intersections (extensions) on the H orebody. i posted on this yesterday. there was plenty of time to buy the shares, ahead of todays surge. i am confident that kcn are a money machine, and that they will attempt to maximise shareholder wealth. it is my assumption, that the company is sitting in top of an extensive mineralized zone - and that there is a lot of gold in the area. i cannot wait till they test the B prospect. the channel samples are as good as it gets. the results of channel samples are available from the kcn website - august 2002 presentation - page 19. the relevant page, shows an extensive soil anomoly which is greater than 1 gram per tonne. there is a similar area, which is between .5 gram per tonne, and 1 gram per tonne. soil anomolies are generally displayed in the order of billions of parts per tonne. - keeping in mind that 1 gram per tonne, is about 1 million parts per tonne. from my perspective, it would seem that the company could probably mine the stuff, from surface - when they eventurally drill it - my guess only
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Last
$1.49 |
Change
-0.025(1.66%) |
Mkt cap ! $387.9M |
Open | High | Low | Value | Volume |
$1.52 | $1.54 | $1.46 | $715.1K | 476.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1429 | $1.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.49 | 435 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1470 | 1.485 |
8 | 6580 | 1.480 |
9 | 10198 | 1.475 |
9 | 44535 | 1.470 |
5 | 5210 | 1.465 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 435 | 3 |
1.495 | 3000 | 2 |
1.500 | 10306 | 5 |
1.505 | 15689 | 3 |
1.510 | 2085 | 2 |
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