A few extra sellers have arrived taking advantage of the recent buying move around the quarterly. Hence the slight SP decline.
I still think it is at a great entry level. The people I know who bought in recently at 0.045-0.050 are long term investors, including myself so the great thing about that is that if the SP makes any sort of bullish move there wont be any added selling pressure from the recent buys.
The sell side is still quite thin, not a huge volume, most of those could be picked up under 2k mark. I think there is a huge chance this could spike in the near future and I am accumulating at any levels in the 4c range.
Gold price rose on a 6 week high today and I think Gold could be on a comeback in the not so distant future. There is a small chance it could decrease during 2014 but Its a risk i'm willing to take at these levels.
You have to be in it to win it.
KBL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
