KZL--> Out of Flavour again? Well I don't blame investors for taking profit, but I do blame KZL management who advised of updated resource inventory by the end of the month (refering to Janu 2012) and not deliver on time. I get a gut feel that Geoff Day doesn't know when to strike when the iron is red hot.
Having said that, so far, touch wood, for the past few days 34cents is the support level. Again the sell side being almost double of the buy side may alter that support line
Anyone reading charts have a take on the situation?
KZL Price at posting:
34.5¢ Sentiment: LT Buy Disclosure: Held