KZL 0.00% 12.0¢ kagara ltd

chart - target price $1.48, page-15

  1. 1,548 Posts.
    Fair point, but history and trader sentiment does tend to repeat itself. You can't ignore what has happened in the past and say it cant happen again. Events that happened in June/July 09 are very similar to events that have happened in Jan/Feb. The charting patterns are almost identical. Ultimately, you have to ask the question of whether you think the current sp is fair value, based on mungana, PFS, current assets and the current price of gold, nickel, copper and zinc.

    I had to correct your comments re: triple bottom, because the events that occurred in June - Aug - nullify your response altogether. 3 low attempts followed by 1 huge rise. 100% gain almost.
 
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