KRM 2.94% 3.3¢ kingsrose mining limited

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

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  1. 7,501 Posts.
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    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
 
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Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
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