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

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TSXV:KALO - Post Discussion

Kalo Gold Corp > KALO.v sees a bullish inflection of the 50MA.

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Post by partystocker on Sep 05, 2022 3:10pm

KALO.v sees a bullish inflection of the 50MA.

With a 15% gain on Friday, It’s looking like things are beginning to turn around for shares of Kalo Gold (TSXV: KALO). This move triggered a bullish inflection of the 50MA, following over 3 months of price consolidation at all-time lows.

Kalo acquired a new gold project in August, and is expected to provide updates on exploration plans soon. With 2 projects now in its portfolio, increased news flow from KALO is to be expected.

Following Friday’s price action, I expect to see another solid day of buying this Tuesday as trading resumes following the long weekend.

KALO.v is currently trading at $.075, valued at $5.49 million.

https://ceo.ca/@accesswire/kalo-gold-enters-into-a-definitive-agreement-to-acquire

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