KRM 11.8% 3.8¢ kingsrose mining limited

what's up ....$1.46?, page-8

  1. 7,501 Posts.
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    Hello Braveheart,
    I notice that you hold IGR as well as KRM.
    In your opinion which is the best hold?

    Both are producing since Sept 2010, IGR is in WA
    with a target of 90K oz/p/a and KGR is Indonesia with
    a production target of half that.
    At this stage, IGR is open pit @ 4gr/ton & KRM
    is underground with 17gr/ton.
    Both diluted in Jan-Feb.

    IGR has cost of $550 approx & KRM cost of $170
    (pre sale of silver factored in)
    Like you, I hold both & i'm keen to see drill results and
    Mar qtr production & costs of both.
    Which would reckon is the better buy at present & why?
    Cheers
    Moorookamick
 
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Mkt cap ! $26.37M
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3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

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