High Risk Tip, page-23

Hi Dougfr and all,

I don’t know about pinning hopes on the silver price I just don’t think the company workforce is hungry enough. They get paid whether they are working or not as I understand it. It’s not like they need to produce a particularly large amount of ore in the scheme of things either.

Given the recent water problems another plan might be to get a decent sized alluvial plant working on the lower reaches of the lease and pick up all the Gold washed out of the clay from the fabled and long spoken about Bonanza grades.

Possibly if the company could find an enthusiastic, dynamic can do kind of guy for the position of CEO we could see a turnaround in the companies run of recent luck. Unfortunately luck is still a factor in the mining industry.

When I was doing well running my own private business I recall many people telling me how lucky I was; my regular answer was to tell people that the harder I worked the luckier I became.

If you wish to see a time when hard work and good luck was last reflected in the share price of KRM you need to go back almost five full years back to 2011. I accept that there have been some unfortunate events during that time and it would be pointless pointing out the numerous management mistakes included in those years; however, with the Gold price hopefully approaching the AUD $1,600.00 level.

May I with the greatest of respect suggest that if the management is waiting for a particular point in time to man up and get this show back on the road the next couple of months may be a good time to do so IMHO!!!

http://www.google.com/finance?q=ASX%3AKRM&ei=i6-VVrHLNcWS0gSoprlI


Cheers and very best regards: Andy