KRM 5.56% 3.4¢ kingsrose mining limited

You've got to have confidence these 2 issues can be resolved....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. DSD
    15,757 Posts.
    You've got to have confidence these 2 issues can be resolved. Otherwise don't buy. Drilled measured and ready to be exploited are half a dozen exceptionally rich reefs. They vary from 2-4m wide and from 50 - 110g/ton in grade!! I read a very good formula once from a gold specialist. He said that the very best mines 'contain 100' i.e. multiply the width in metres by the grade in grams/ton. Many well known and profitable UG mines are 8m wide by 5g = 40. One reef at KRM is 3 x100 = 300!! WE just need to get stuck into it. Everything else is in place.

    PS. I didn't bother to include the substantial Ag occurring alongside the Au. That would shoot the lights out.
    Last edited by DSD: 10/05/16
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.002(5.56%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $16.08K 472.2K

Buyers (Bids)

No. Vol. Price($)
1 144683 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 157003 2
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.