As far as I have followed Kings, there is normally no sign of message leak.
Until another big investor buy in big time, Kings will always be a subject of opportunist play ---buying in before an announcement and hopefully make a quick gain like an other shares.
Having said that, in percentage wise, the daily vol. is small compare to the total available shares.
Most of Kings shareholders are quiet and faithful.
Even when an announcement is made, I doubt whether half the traders understand the significance.
After the first announcement on kalman where the first 4 spectacular assay results were delivered, the price actually collapsed from 40 cts to 30 cts over a few days.
From 30 cts, it move north and never looked back.
I have tried to understand Kings price movement before and I decided it is a fruitless exercise.
A 'few' shares can move it either way regardless of the fundamental value.
Finally, I made up my mind to sail by getting my bearing from the stars (fundamental) rather than the lights of every passing ships (traders).
The JORC should be out soon. I don't blame the management for the delay as it is of no benefit to them to drag it out.
It will be out when the consultant engineer finishes the calculation.
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