sellers getting impatient, page-28

Dan,

Back at the end of Jan you were telling people you would be a buyer at $1.11 they are now 80c you were then mega confident that KZL would go down to 60c by the end of Feb, has not happend yet. you were spruiking the Mungana project and then posted that in yor opinion it would not go ahead?? you then predicted gold heading for $960 wrong again. AU US $ exchange rate of 78c wrong again. I have pasted some of your most recent post's below so people can see that they should excercise extreme caution if buying or selling on your advice.


am a massive supporter of Kim Robinson, what he has done since March is nothing short of amazing. I don't think we will ever see the SP break below 80c unless there is a GFC2. Very unlikely. Therefore I agree at this price, and compare it with what it was trading pre GFC - the company as a whole are at a more advanced stage as well...I am with you. KZL is a very good prospect IMO. Once this range is cleanly broken it will be rising up to the level in Aug '08. ~2.50. So the risk reward ratio, is much more favourable to go long at the current level.

I hold Carbon Energy - formely Metex and there is nothing more comforting knowing that the man at the helm shows financial support for his company.

"Kim Robinson has pocketed more than $6.4 million from the sale of his entire shareholding in Carbon Energy and the sale of 6.8 million Kagara shares.

Mr Robinson made the sales in order to participate in Kagara's retail entitlement offer, which recently closed having raised more than $40 million.

The offer was part of a bigger capital raising effort, which raised more than $150 million."

20th Jan
I would buy when it falls between 1.08 - 1.11. That would fill the gap, and his the major support line nicely. There was huge cross buy/sell recently at 1.07 so that level will hold. Happy to see this market maker bring the price to this level; unless they get bored of trying. Should be trading 1.18-1.20 based on how closely we've followed the XJO over the last 12m. Games being played for sure yesterday, and today.

http://hfgapps.hubb.com/asxtools/imageChart.axd?BI=2&COMT=index&OVS=XJO&TF=D6&TIMA1=20&TIMA2=20&s=KZL

I am expecting to hear Mungana news very soon, with shareholders having an option to purchase shares in the IPO.

Some news yesterday, on KZL leading the way forward in sewage treatment technology.


5th Feb

My sixth sense - I think KZL will stagger or withdrawal the Mungana IPO due to the volatility in the markets and set a later date this year. This bear rally is carefully timed - we've hit a number of cycle dates, and was expected. Gold price is headed for $960-$980. Still pretty good price, but off the highs. All the good work from Jun - Jan, written off in weeks ;-). That's trading for you! Knowing when to enter and exit is the key. AUD is also going lower as well $78 - $80 against the US.

12th Feb

am mega confident that KZL will be low 60s by the end of February. For when, I will be buying heavily, for the March rally. The rally today and yesterday, is falsified, and hope. The 2nd downturn will occur next week and will last till the end of February. Cycle are easy to read.

!5th Feb

63 - 65c target. Only 24.5-26c away now, we did that in a few days last month. Certain levels do have to hold, for the sp not to reach that level. Touch and go at the moment. I'll be kind and show my charting below, I picked the fall from grace from 1.20+ and was bang on with my target buy at low 80s. Waiting for the next leg to play out. Hope you've started making that 'humble pie' gself. Today wasn't a great day.

15th Feb

Lot's of stocks follow the DJIA. Generally the S&P 500 is the key, it's the benchmark for all indices. To be honest I tend to follow the Hang Seng or China H Shares, they give earlier clues on the overall direction. I do think the picture has changed slightly since last week, but as mentioned in my previous post I will wait and see how this one plays out. I think we will see a choppy period over the next few weeks, but I am now optimistic that the support at 81c will hold, but there is a fair bit of volatility out there and nervousness, which could swing the sp in favour of the 63 - 65 range.

To not let this happen the S&P needs to find a new high. It needs to clear 1088, to enter a new period. The ASX200 needs to break 4590. I see another period of choppy sideways action, until mid-March for KZL. Similar to what we've from Sep - Dec. Up, down, up, down etc...