I have read a lot of comments here and am unable to get a clear picture of where this stock is headed.
The interesting thing to me is the demand side , allbeit somewhat manipulated.
We have the usual clown on open and close doing a bit of ramping but why is there such demand and no willingness to pay ?
With the various agreements in place it looks to be a difficult asset to manage if you take it over , on the other hand if they can be put it into default everyone loses and a handy , producing mine comes on the market.
In the last situation keep the share price down , and the continual need to raise capital........
Alternatively perhaps this is a good mine just on the verge of flourishing.
Comments please.
KBL Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held