KRM
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11.8% 3.8¢ kingsrose mining limited

re: Ann: Resource Capital Research - Analyst ... Re: RCR's...

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  1. moorookamick
    7,501 Posts.
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    05/08/11
    13:18
    Post #: 8778928
    re: Ann: Resource Capital Research - Analyst ... Re: RCR's valuation.
    RCR's target price of $1.80-$2.00 for KRM is conservative
    given that this analysist's assumptions of gold and silver prices for 2014 are $1183 & $22.70 respectively per oz.

    Given the basket cases of the world's two biggest economies, the USA & the Eurozone, one wouldn't need to be
    a goldbug to reckon that both gold & silver are not likely to drop that amount in the next 3 years.

    Just look at broker/analysts' valuations over the past 3 years and you'll see forecasts for the POG ( which underpins all valuations)in 2011 sub $1000 which is 60% shy of where it is today!

    Cheers and hang-in there.
    Moorookamick
    KRM Price at posting: $1.26 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.8¢ 		Change
0.004(11.8%) 		Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.8¢ 3.6¢ $6.25K 173.0K

Buyers (Bids)

No. Vol. Price($)
1 85699 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 12500 1
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