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Lion Rock Resources Inc. V.KBG


Primary Symbol: V.ROAR

Lion Rock Resources Inc is an exploration company focused on the exploration and development of the Maybrun property, a gold-copper project located approximately 80 km southeast of Kenora, Ontario.


TSXV:ROAR - Post by User

Bullboard Posts
Comment by herve57on Jan 03, 2004 9:06pm
83 Views
Post# 6839261

RE: Interesting buys and sells by one insider

RE: Interesting buys and sells by one insiderEnigma, Sorry for any confusion, let me clarify. Actually I am saying that KBG is NOT a liquid stock. Note my first point: "This is really a very thinly traded stock. The highest volume day in December was the 3rd when 92,500 shares traded. It only traded 50K+ shares on 7 days in all of December. Some days it barely traded 10K shares." What I was suggesting in the point you quoted from: "Some people don't like, and won't trade, illiquid stocks. I don't recommend trying to "trade" them either. But as an investment I have uncovered a few "gems" by digging for early stage plays, with good potential, that are quieting operating outside the mainstream Broker / Analyst / Newsletter circle. Can I guarantee that KBG will turn into one of these gems? Of course not. But with several good properties, low share count, money in the bank,... I think they have a fairly good shot at making me some serious coin here." Is that if you are looking for a highly liquid trading stock then KBG is not for you. I didn't buy KBG as a trading stock, for just the reason you stated, I bought KBG knowing that it would be a longer term "buy and hold" investment whose value would eventually be proven, or not, by the success of their exploration programs. Cheers, Herve
Bullboard Posts

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