GREY:KSKTF - Post by User
Comment by
thinker1951on Dec 26, 2013 1:17pm
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Post# 22038706
RE:What is going on?
RE:What is going on?
It seems to me that they are being careful so as to insure that they will be a survivor in this current bear market especially for jr exp. companies. Not a bad plan considering the dismal performance of the tsx venture exchange. Right now cash is of utmost importance to insure they can outlast this downturn. We really don't want them raising funds in this market do we. In looking at there last equity issues they were at .55 and .65 cents a share. Other than the price of gold crashing (Important of course) nothing has changed. They still have Whistler and many other good assets and only 100 mill shares issued. The resource market should firm up in 2014. globally we seem to be slowly climbing out of the great recession. Time will tell but I think ksk will be one of the survivors. good luck to all in 2014.