KGL 0.00% 10.0¢ kgl resources limited

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  1. 848 Posts.
    qhkn47,

    Considering we have all been burnt on this stock market at some point I can understand/welcome your viewpoints. But I am a bull with this one and side with Mljet's way of thinking. We should have seen more weakness since the rights date expired about a week ago. People are not really selling. The stock has pretty much stalled waiting for all this CR to be over. I don't think we will see a price dip to 13 cents once rights holders are able to sell. Might get a little dip but this will be absorbed and followed by a rebound. This stock could hit 50 cents next year especially if gold kicks on (looks that way for the latter). KGL have plenty of exploration potential, a lot of tenemants in highly prospective areas. My view is that this stock is one of the better gold junior plays out there. Time will tell. I am wrapped to get in at 13 cents again. No way I will sell. Reckon that 13 cent play will turn into 26 cents early next year. GL all holders.
 
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