KRM 11.8% 3.8¢ kingsrose mining limited

kingsrose mining limited - dividend policy, page-3

  1. 440 Posts.
    I just read the following quote:

    Gold: Commodity strategist Francisco Blanch set a 12-month gold price target of $2,000 per ounce, implying a 16 percent price gain from current levels. Monetary easing by central banks around the globe in 2012 should benefit the precious metal and help investors to mitigate the negative impact of debt deleveraging. In addition, David Woo expects that this should cause gold to outperform most currencies.

    Followed by

    International dividend-paying stocks are expected to offer exceptionally attractive.

    IMHO silver will keep track with gold, laving Kingsrose with negative costs!

    The only downside is that the board, I assume, see no opportunity to use the cash in the Sardinian project! But you can't have everything, TFP
 
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3.8¢
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0.004(11.8%)
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1 85699 3.5¢
 

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3.8¢ 12500 1
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