KCN 1.18% $1.26 kingsgate consolidated limited.

Well I must say that I keep oscillating from positive to...

  1. 544 Posts.
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    Well I must say that I keep oscillating from positive to negative sentiment on KCN on almost a daily basis...

    Overall the SP is holding up exceptionally well at these levels but as July-August rapidly approaches with no news flow I would not be surprised to see lower levels - not quite sure how low though.

    On the strength of the information on hand though, one would beleive that granting of the leases is as KCN put it, a question of when, not if. Provided nothing emerges that casts doubt on the approval making the "if" scenario more likely, then I think that the massive post-granting upside should support the SP even if the current ore supply runs out...

    Well there you go.. I have reassured myself that holding is the best strategy... at least until tomorrow.
 
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