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clock Created with Sketch. 11/04/18
13:32
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Originally posted by Jayse
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fantastic buying op for all those that could not get in at the higher prices. Only a matter of time before it shoots up again, too many catalysts coming up. Was way way over done. Now that we have that out of the way we can concentrate on the fundamentals and the actual value in the ground. what a opportunity for everyone today. Never thought in a million years, goes to show you the herd mentality of the market. Soon it will be the other way and those that sold or haven't bought in yet will be jumping over the next to get in before it takes off again. I have managed to add to my position today, up to my eye balls now. didn't get the bottom but anything 11c or under is just giving them away. Nothing has changed in the value of KRC, with drilling to start up on the gold and with the 6 mil locked away in the bank already, the company has never been in a better position. Now with the panic today we are able to buy stock 9c cheaper than last month.. and since then they have locked away 6 mil in cash. Well done to management for the underwriting of the options, those that took them up obviously know the value and happy to invest that money so far down the track. I have to applaud those that took the chance and sold yesterday and now they are able to buy them back today. Well done. As a long term holder though, it matters little. I think we could finish 10.5/11c today now that the tree has been shaken and we can move forward.
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I have been a shareholder since 2012 and over the last six years nothing substantial has emerged except my losses.
