KAL 0.00% 2.5¢ kalgoorlie gold mining limited

selene, page-7

  1. 3,972 Posts.


    Should do ok, m/c sitting among explorers with no resources (or very small) defined yet. Couple of stragglers only, have found one that looks interesting but will not mention yet until I do more research.

    geopolitcal risk - none

    Location - gold mining capital of Australia.

    Management - who is complaining now? Great PR work recently.

    Mining method - open pit, easier than undergound mining!

    Upside - soon will know re-defined resources but also jackpot mine was open pit and cherry pit mining into sides and floor of mine may now be an option. Nickle another, and perhaps after open pit mining depleted, ming at depth can be an option at Mt Henry/Selene.

    Further upside - POG.

    Downside - ????
 
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