ConfidenceIf you have read through the article I posted you will see that Kincora shares are priced the way they are as a result of Origo publicly stating that they were liquidating all of their holdings regardless of performance. Obviously this had an impact on the value of the shares.
As far as I was concerned it created an incredible buying opportunity which I took advantage of to add to my holdings.
Now that LIM is on board and Origo is completely out of the picture I am confident that Sam and his team will restart exploration activities in the near future.
Once the shares crack through $.15, and I expect that to happen as early as next week, the re-rating spoken of in the article should happen very quickly. Have a look at Level 2 quotes and remember that the shares were trading in the mid $.30's before Origos liquidation announcement.
In my opinion, better days are just ahead.
Chip