KAS kasbah resources limited

sell in may?

  1. 574 Posts.
    For the last three years the Kas SP has dropped around the end of April and bottomed out roughly mid year, but it has steadily declined since that 44c reached in Nov 2010 to reach and settle around the 10c mark where we find it now.

    I am not a chartist at all but would really appreciate any opinions based on the chart over the last 6 yrs or so.

    If the SP drops again around May this year IMOO it would be a smaller drop than previous years as it seems to have found support around these levels , which would be the true market value for the current stage in mine development.

    I am hoping for some great announcements soon concerning all potential backers committing funds to get this mine advanced.
 
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