RE:RE:RE:OMG PEOPLE
If you have a complaint about K92 share price, have you looked at pretty much everything else in the commodities space? Show me a gold miner with a SP significantly above the 200dma. K92 has held up better than every other gold miner/developer/explorer I have looked at (only Artemis comes close). This stock is carrying my portfolio right now. The temptation is to sell this and buy the deep value, but I resist this temptation, as when the sector recovers, I believe that the best, highest quality companys will recover first. Then I may trim here and bottom fish. Sell the losers and add to the winners, not the other way around.
I actually don't mind the raise, as long as it means they will be aggressively pursuing exploration. The one gripe I've had with the company in the past is that they have been too conservative. In the recent prospectus, it is stated that 1/2 of the funds will be dedicated to exploration which I think is great. There is so much potential vein and porphyry wise that I feel should have already been tapped but hasn't been as management has been focussing on operations, adn doing a great job at that btw.