Does anyone know approximately the value of the machinery they have mothballed?We know what they paid for the mine.It could be worth taking up entitlement if you consider what the assets of the company are.It seems to me that at this dilution, somebody who holds a chunk of the company could get a real hold on it for little money.Might be a few years before anything comes of it but holders still have a gold mine and a certain amount of gear. If gold goes over $2000 and maybe $3000 could be interesting.
KMC Price at posting:
2.0¢ Sentiment: None Disclosure: Held