TSXV:KGL.H - Post by User
Comment by
elgin1on Aug 23, 2016 6:51pm
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Post# 25169821
RE:Dump is on
RE:Dump is on You make it sound like this news was a secret or something? It was publically available and known to everyone .. Even when stock ran up to 23 lately. Private placement is going to mostly existing shareholders ... By the way they did one in Nov 15 for 6.5 cents.....no dump then. I doubt this will go back below 13 or 14 cents. New private placement was over scribed ( rumour) .. Let's see what the dulling results are for the new year. Folks this is a big risk / reward company ...... Risk is minimal compared to the upside reward. Not a guarantee or slam dunk my any means. Even if the jv with Rangold goes ahead it still worth 50 cents based upon 1.7 million ounces at 2.75 g ton .......GLTA