Kalo Gold Corp V.KALO

$KALO.v | Gold Exploration potential @ Pacific Ring of Fire

[culturedpiggy01]

came across this resource by $KALO.v published on VisualCapitalist that delves into the Gold Exploration potential at the Pacific Ring of Fire, a mineral rich belt surrounding the Pacific Ocean https://www.visualcapitalist.com/erupting-gold-exploration-potential-the-pacific-ring-of-fire/

The detailed infographic is easy to understand, I highly recommend specially if you’re new to the world of precious metals and are trying to understand the market better

td, $KALO.v @ $0.08 MC $5.1 M

[partystocker]

Any idea what's going on at the Vatu project? I'm really surprised we haven't heard any updates since $KALO announced the commencement of phase 2 drilling.  

[Gbathat]

The last update was in the CEO PR.  Kevin said the drilling part went well, results pending.  He had some other optimistic statements in that PR as well but kept it tentative. i just look at their board, the fact that Eric King advertised their company on kingworldnews dot com and cannot help but hope. The recent selloff has primarily been a buying opportunity for me since I just got

[Gbathat]

correction, for $83M/yr in profit and P/E of 20, you're looking at at market cap of $1.6 Billion. Thats a 400X increase over ther current market cap. There will be financing along the way of course, dilution our current holdings.  But 50-100X after dilution seems reasonable.   If the Ph2 results are good, hopefully the price spikes and then we're bought out at 20X. 

[partystocker]

When did they announce the completion of phase 2 drilling? Any idea when we might expect to see assay results? The big dump is definitely a good opportunity to buy, I just hope they can deliver some solid results after this long wait.