Ann: Quarterly Activities Report - 31 March 2011 , page-3

re: Ann: Quarterly Activities Report - 31 Mar... I agree Torpedo,

The exceptionally low cost of production makes KRM immune
to any downturn in the POG. Unlike other start up goldies
with costs @ $600/oz +, KRM can be still very profitable
with gold at $1000/oz due to its sub $100 cost of production.

Once the new mill is installed & with a solid qtr of full
production on the board, the fundamentalists will start
estimating forward earnings and the instos will then likely take notice as they did eventually with MML.

Given the results with the plant sorting out teething problems,there is no reason why KRM can't top estimates for this calender year and then screw up the wick in 2012..
Cheers
Moorookamick