where KEX is going now !!Here is the essential of a conversation with KEX investor relation department.
In my mind, it is a must, because they can go ahead with barite ( around 10 M per year for at least 10 year
Must read..
Sure, they did not confirm the historic Au numbers like they hoped, however they are still going to continue to see this property as a favorable exploration target. Also the Barite is ready to go into production, and they will have boots on the ground there in May.It is an opportunity to load up on some discounted KEX stock, made possible by the selling of folks that see this as a disappointing setback. They think that taking advantage of this SP is an excellent idea considering the AGM and the Archean Star spinoff is less than three months away.
They will have a drill turning in Australia in March, They have Geologists on the ground identifying drill targets as they speak in New Zealand where trenching found numbers up to 40g/t Au… this is the real news that is going to take KEX to the next level.
Great risk reward i think