KAL 4.17% 2.5¢ kalgoorlie gold mining limited

value, page-11

  1. 1,057 Posts.

    Some can't help but dial themselves. Gold will rally soon enough and we will be all wishing we bought the crap out of this stock at these levels.

    I think you will see the company conserve cash now, no point running it down and having to do a raising in this market.

    I certainly wouldn't be spending any further funds at this stage on Clinker Hill. In fact I'd be farming that ground out.

    KAL's future is in growing its gold inventory. In particular it need to grow it with higher grade material.

    At least KAL sharholders can take solice in that their company's share price while being flogged down to rediculous levels, is backed by a sizeable gold inventory.

    When the gold stocks run again, KAL will be there with them.
 
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