Content From Post by FBX 258 on Hotcopper KIN
In a lot of ways BCI projects are at the same place as KIN; - Below is a Post from fbx258 detailing Louis James from Casey Research. On most BCI projects we are in Feasibility Orphan Stage. Hopefully gains will be 700% when a partner and development progresses on multiple BCI projects.
Below is a detailed interview with Louis James from Casey Research. He outlines a study they conducted about first time mine builders going into production and the effect it has on their share price. In the case study outcome was as follows:
* Rule: Company ha to be a first time mine builder.
*Sample size was 105 companies. 95% of companies build their mine.
* Sample was from 30 years of data and included bull and bear market scenarios.
* They used 31 bear market first time builders and the average was 24%
* The average bull market builders gain was 160%
* Average gain was 106% based off case study.
* Top 5 in the sample was 764% gain.
Summary: bodes well for KIN and moving into production. We have high confidence of continued exploration success and ounces/grade to be added. I am also confident that the second leg of this Gold bull market will commence in short order.
Note: I know the numbers and sample case could be 'hand picked' for a newsletter writers bias, So i do not discount this but just a reminder on the mining cycle a well:
See video below:
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