KAL 4.00% 2.4¢ kalgoorlie gold mining limited

I think the SP was always going to be hammered today after...

  1. 218 Posts.
    I think the SP was always going to be hammered today after yesterday. That said, I am still holding my KAL and will continue to do so.

    I think tomorrow will not be much better in terms of SP, so looks like a good day to top up. After reading the blogs and some basic research BB and Wilson are right!!! KAL is still sig. under-valued.

    I think if you wait any longer than couple of weeks you could be paying much much more to re-enter. I sold off ZFX for KAL and still well ahead. Regardless of the rumoured OXR bid for ZFX I will be so much better off.

    The KAL facts don't change:

    - Big and expanding gold resource
    - Strong board members
    - Diverse resources exploration (oil,gas,nickel etc)
    - JORC and Initial Drilling in Dec 07
    - Clinker Hill Nickel program beginning

    This company is a long term hold. Especially if the nickel resource is significant (Xstrata's bid for Jubilee!!!).

    Next few days could be a bit rough, however in 12 mths when you look back you will know whether or not you made the right decision.

    Good Luck to all!!!

 
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Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $3.804M
Open High Low Value Volume
2.5¢ 2.5¢ 2.4¢ $16.17K 674.0K

Buyers (Bids)

No. Vol. Price($)
1 500651 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 260356 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
KAL (ASX) Chart
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