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Bullboard - Stock Discussion Forum Kalo Gold Corp V.KALO

Alternate Symbol(s):  KLGDF

Kalo Gold Corp is a Canada-based gold exploration company. The Company is focused on exploration for low sulphidation epithermal gold deposits on the Vatu Aurum Project located on the island of Vanua Levu (North Island) in the Republic of Fiji and the AxelGold Property, an alkaline gold system, located in British Columbia. The Vatu Aurum Gold Project covers an area of approximately 367 square... see more

TSXV:KALO - Post Discussion

Kalo Gold Corp > $KALO.v Stabilizing Following Selloff
View:
Post by partystocker on May 12, 2022 12:49pm

$KALO.v Stabilizing Following Selloff

It looks like $KALO.v shares have begun to stabilize after dropping 50% in a little over a week. If the company is able to get out positive updates regarding the phase 2 drill campaign at the Vatu Aurum project soon, I think we could see a solid price correction. 



$KALO.v is currently trading at $.09 and valued at $5.74 million.


https://ceo.ca/@accesswire/kalo-gold-corp-commences-phase-2-drill-program-at

 
Comment by Gbathat on May 12, 2022 9:53pm
I added some more today... now sitting just north of 75K shares and happy with that position, which is more than 0.1% of the o/s.   My reasoning is as follows: Tiny market cap, large upside potential with potentially impactful Ph 2 results just ahead The CFO Kevin Ma sounded upbeat in the recent PR about the new CEO. Company was advertised on King World News a while back, and I ...more  
Comment by Gbathat on May 12, 2022 9:55pm
Correction- Kevin is executive vice president, capital markets Alex Tong is CFO
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