Post by
cleverrox on Apr 23, 2012 12:52pm
Rosa
I asked IR for an update on Rosa. I was told they are still averaging 10,000 tons per month. FWIW anyway. I have found IR teams to be unreliable on information at times. However KIN seems to be pretty professional so hopefully they aren't just spouting info from old PR's.
Comment by
_Highlander_ on Apr 23, 2012 1:02pm
the issue i have with Kin is they havnet brought any signifigant new paper through, average volume last year was about a 200 to 220 k in shares a day, now its about 50k, there has been a mountain of positive developments and they are producing at 2 mines, no IR team worth there salt should have let this drop
Comment by
slowwhizz on Apr 23, 2012 4:48pm
Is Kin a stock holder? Or is it options? Is there any possible financial benefit for them to hold back promoting NovaDX?
Comment by
_Highlander_ on Apr 23, 2012 5:02pm
i belive they are options, not sure the amount but they were paid 10k a month plus options, and havent even come close to delivering.
Comment by
_Highlander_ on Apr 23, 2012 11:02pm
excellent DD cleverrox, i agree. But i do expect an IR team to bring new parties to the table, Gale was excellent for spreading the word, they brough alot more paper through with a lot less, i just havent seen Kin do the same with a lot more positives.
Comment by
slowwhizz on Apr 24, 2012 9:18am
My recall is 500,000 options but do not remember the exercise price or any time limits.