KRM 5.56% 3.4¢ kingsrose mining limited

Hi all, The POG this morning is $1382 AUD, only $8/oz down from...

  1. 7,501 Posts.
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    Hi all,
    The POG this morning is $1382 AUD, only $8/oz down from
    its AUD early July price.
    Perhaps those in the know are accumulating KRM at these
    low prices.
    The US bombing of ISIL should stir up things in the Middle
    East and is likely to have some reactions in the Arab countries
    who are partnering/backing the US.

    While theoretically this should be good or oil & gold, oil , however,
    seems to have dropped a few dollars over the week.

    As KRM hits its straps, IMO, we should see the SP advance
    towards its forward fundamental value and we should get a
    production update early-mid Oct to confirm the completion
    of ramp-up.

    moorookamick
 
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