KAL 9.09% 2.4¢ kalgoorlie gold mining limited

selene, page-2

  1. 946 Posts.
    Outstading opportunities like this with companies such as KAL arise very seldomly. KAL have a portfolio of excellent projects which any junior explorer would be extremely proud of. Oxiana Resource had similar potential only a few years ago - now it has become a renound gold producer.

    As i have forementioned the Selene update will be terrific, however the wider resource upgrade expected in under 2 weeks should really revalue this company in a big way especially with the ever escalating price of gold.
    I choose to look for Arbitrage in the market and see this in KAL - a company of this quality with sound management and an outsanding resource should be valued higher than the current tiny $24million. I have a substantial holding in this stock and will continue to accumulate in the coming week.

    My short term price prediction is 50c over the coming 2-3 weeks.
 
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