KMC 0.00% 0.6¢ kalgoorlie mining company ltd

Fridge,Just out of curiosity what made you punt 650K on this...

  1. 259 Posts.
    Fridge,

    Just out of curiosity what made you punt 650K on this stock?

    were you convinced like myself that it was a sure thing?

    thats a lot to punt on a speculative stock that has no history of profitability

    My reasoning was that they did their homework before they started mining i.e. they had an opex of around $1200/ounce using say $1500 for the gold price,

    anyway they are/were clearly amateurs and proved it loud and clear
 
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