KMN 4.00% 12.0¢ kings minerals nl

will this stock ever recover

  1. 62 Posts.
    This stock is trading at levels 3 years ago when it had nothing and now it has a resource it also has a new so called world class tenament in Kalman and it is still 19 cents and looking weaker.
    Everyone can say all they like about Opes, instability around the world etc etc but the facts are this stock has gone nowhere, there is no interest in it from big instos or other miners let alone my research leads me to believe that the Directors have not purchased any shares in the company for a very long time (THATS CONFIDENCE)
    This company now says it has a resource in Mexico, A world class mine in Mt Isa with "moly" "rhenium" ETC ETC , it has tripled its staff numbers (cash burn rate is a concern), it has appointed well known Directors to its ranks, it has a PR machine - so someone tell me out there WHAT IS WRONG WITH THIS STOCK.

    Based on the facts this stock continues to be a dog.






 
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Currently unlisted public company.

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