Certainly looks that way, although this is a bear market and specys are getting hammered all over the shop - maybe not as bad as KAL though. I personally did not think we would see these levels - this is an all time low and those selling are definitely selling at a loss.
I would like to hear more from the coy - clinker hill results would be a nice start.
Sitting on a whopping paper loss which will take an absolute miracle to turn around - I am sure Patterson’s would not be impressed either.
The thing is KAL actually have a lot going for them (market cap considered) and have completed a lot of work since this was trading around the 5 cent mark pre the Nov upgrade - yet we have seen a massive swing in the markets and as most are aware the gold sector has been hit worst of all especially the juniors. How low can she go?
KAL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
