So what's the magic bullet for this stock? Seems like very little is coming out from the company on next steps. They could be waiting for a long time on the resettlement business with the Tanz government and local land holders. Seems an awfully big IF for investors if that number comes back over $10M. Bare in mind that the exchange rate isn't looking that flash of late. Could very likely send the company broke and all the investors with it.
I say it again...why have fund tied up in this stock while it's going nowhere? Trading at close to a 12 month low and hasn't done a thing in 6 months. Down over 10% from this time last year. These are facts. Just imagine where you could have put your capital during that time.
Seeing some posters here are holding fair chunks of the company. One guy claiming to hold 1.7M shares. You'd think that having that many chips at the table they would have a direct line to the board and not have so many questions or seek more question/concerns/issues from other posters.
Who ever came up with the line 'no news is good news' wasn't a KNL holder.
KNL Price at posting:
16.0¢ Sentiment: Sell Disclosure: Not Held
