RE:RE:RE:“PAV is higher grade than Kora”What part of continued drill results and exploration is running out of steam?
K92 is one of the best financially capable Jr's out there. They run a tight share structure w/o dilution, they are still executing the business plan to crank up production.
Insititional ownership was net up in November despite the turbidity of the PNG politics at the moment. Didn't you say follow the money earlier? K92 has some of the highest institutional ownership among the Jr's.
K92 has a very consistent trading pattern. It's always driven up by catalysts and those catalysts have been value jumps in excess 80%. In the interim it holds and pings up and down 10-15% within a range as people take profits and try to project w/e the gold price is going to do. Just because its going through its consolodation phase doesn't mean it's out of steam.
The approx purchase price for the instutions in november was ~$7.3 and is what helped drive the price back up to that $8 ceiling before they arn't willing to take on the additional risk. Dyodd, if you spew something, back it with facts rather than heresy.