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

Add To Watchlist

TSXV:KALO - Post Discussion

Kalo Gold Corp > KALO.v and potential gold bull run

View:

Post by StockDoctor101 on Jan 05, 2023 3:28pm

KALO.v and potential gold bull run

Despite gold prices and the overall market taking a step back today, KALO is up 11%. A few reasons why gold could shine in 2023 include the recent fed minutes stating that the central bank will continue gradually increasing rates in a way intended to limit the risks to economic growth. Along with the dollar weakening, inflation seems to be cooling down which has been big for gold. I'll be looking out for KALO in a potential gold bull run as there has already been plenty of momentum over the past month or so (+122% past month).

112