Comment by
merlin991 on Mar 08, 2021 3:49pm
probably very close.. Tomorrow is Biden bill sign day and next week Powell on 16th/17th. Meanwhile the hedgies and bullion banks are trying to dislodge what ever pickings they can get. Gold miners are in extreme value play (the cheap producers like KNT) are red just for a little longer. Patience.
Comment by
Severn on Mar 08, 2021 5:55pm
I hope so,went out on a limb and bought more knt near the close.Reviewed their debt and cash position...it just makes sense to me.This gold correction will benefit the high grade,low cost producers. I am anticipating the stimulus package gets approved tomorrow.
Comment by
ErinBrockovich on Mar 08, 2021 10:58pm
Well said. KNT produces at such a low cost. The value proposition is very high at such a low share prices. Shorts will get crushed if they don't cover soon.