Understand where your coming from. I reduced my holding in KAI...

Understand where your coming from.

I reduced my holding in KAI yesterday and added to my holdings in the other company that has acually found gold in the host coglomerate rock and has a plan in place to do further exploration and has been totally ignored by the market.

Im unsure whether KAI management does not believe results so far justify further work or that they just want to sit on the sidelines until something happens...like an offer of a JV. It may be they simply dont know what to do.

Whatever the answer, nothing looks like its going to happen anytime soon.

So ive basically thrown what remains of my KAI holding in the bottom drawer. I will review the situation from time to time and further reduce my holdings if I see better opportunities unfold.