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
KRM Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
