In reference to J P Morgan leaving, if i'm correct they only sold of very little shares which now means they are not a major holder any more. Does not seem like they sold everything or anything major.
From what i understand they went from holding 5% to 4.8%. Hardly anything to worry about.
Please correct me if im wrong.
And if i'm right they bought from 68c all the way up to 83c most there buying being around high 70's so would not make any sense in them selling.
Too much happening with this stock and we could see over $1 soon if everything with pricing heads the right way and market stays stable. We could even see in excess of $1.50 on successful joint venture for admiral bay. Fingers crossed.
I do hold this stock from a nice entry point and happy to hold till significant movement north in near future. Look at MOL and where it is. KZL could do much the same.
KZL Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
