GREY:RNKLF - Post by User
Post by
arh0070on Dec 23, 2019 11:32am
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Post# 30483942
reserves at beta hunt
reserves at beta hunt In response to a question KZR is an Aussie company and only trades there . The maiden mineral reserve report is not very good .No wonder the primary booster club is quiet .Stock down and likely to fall more .No wonder the company reported this just before Christmas hoping it wouldn't be noticed . The grade is low ,less than 3 grams per ton .Only 3 years of production at current production levels .A lot of drilling is going to be required to prove up more reserves with the drill bit .The success of this will determine the long term future of the company . The primary booster club must be off this week from there jobs in the business of gold letter research reports and brokerage firms , and trying to boost stock prices of companies who pay them to do this type of activity . There are a lot better small mining companies out there with longer term reserves ,less debt and fewer shares outstanding .