KRM 2.94% 3.3¢ kingsrose mining limited

Ann: March 2016 Quarterly Activities & Cashflow Report-KRM.AX, page-12

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  1. DSD
    15,757 Posts.
    You've got to have confidence these 2 issues can be resolved. Otherwise don't buy. Drilled measured and ready to be exploited are half a dozen exceptionally rich reefs. They vary from 2-4m wide and from 50 - 110g/ton in grade!! I read a very good formula once from a gold specialist. He said that the very best mines 'contain 100' i.e. multiply the width in metres by the grade in grams/ton. Many well known and profitable UG mines are 8m wide by 5g = 40. One reef at KRM is 3 x100 = 300!! WE just need to get stuck into it. Everything else is in place.

    PS. I didn't bother to include the substantial Ag occurring alongside the Au. That would shoot the lights out.
    Last edited by DSD: 10/05/16
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
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