yes you are right mohawk if you're holding KRE thinking the market will just change it's mind on exploration companies in the short term your be disappointed as KRE is getting tainted by the general dislike of these riskier cash burners even though KRE has very few peers in REO that hold a JORC an have the cash to keep the work going for longer than most ,,at current levels I wouldn't sell as KRE really are doing as we asked which is to take CM further than what NAV could ever do...to drill an increase the JORC resource an take too DFS as well as exploring other REO targets...I feel it will be a long road but one that should reward the patient..via a takeover or big investor J.V moving CM towards production ,I understand Rare earths to being a growth metal with increasing demand...
KRE Price at posting:
8.9¢ Sentiment: LT Buy Disclosure: Held