Kenadyr Mining Corp V.KEN.H

Alternate Symbol(s): KNDYF

Kenadyr Mining Corporation is a Canada-based gold exploration and development company. The Company is engaged in the exploration of the Borubai gold project. The Borubai gold project is located in the Kyrgyz Republic in Central Asia. It holds a 100% interest in the approximately 164 square kilometers (km2) Borubai Exploration license, which encircles Zijin’s Taldybulak Levoberezhniy Mine. The Borubai project is located approximately 100 kilometers, along a highway, from the capital of the Kyrgyz Republic. The area has developed infrastructure with two lines of high-voltage power grid and access roads to all prospects.

TSXV:KEN.H - Post by User

Kenadyr Mining Corp > Disappointing

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Comment by netstarson Jun 21, 2017 9:07am

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Post# 26386486

RE:RE:RE:Disappointing

IMO, this is a case of "sell on the news". JVL.H, which morphed into KEN with a 2 for 1 share consolidation at the end of March, traded between 5 and 15 cents a share. JVL.H shareholders are in for 30 cents a share or less. News like yesterday's creates trading volumes that permit them to sell their shares for a 33 to 50% profit. 1.3 million shares traded. There is lots of buying interest at these levels. Once the JVL.H shareholders who want to go have exited, we should see share price appreciation.

GLTA

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