KMN 4.00% 12.0¢ kings minerals nl

Initial molly grades at Kalman - 329 m @ .31% MoS2 = 0.18 %Mo73...

  1. 683 Posts.
    Initial molly grades at Kalman -

    329 m @ .31% MoS2 = 0.18 %Mo
    73 m @ .43% MoS2 = 0.25 %Mo
    330 m @ .54% MoS2 = 0.32 %Mo
    48m @ 1.13% MoS2 = 0.67 %Mo


    Compare this with Molly Mines MOL who has JORC resource 400Mt + @ .06% Mo which was over approx 21km grid - look what that did for the SP.

    Yes, Kings doesn't have the tonnage at the moment - but with 3 rigs on site (Could be 4, yet to confirm this) operating around the clock - they have become extremely agressive in persuing the resource. Just imagine what will happen to the SP when they confirm significant tonnage? We already known that Kalman has one of the most richest Mo systems in the world - what we don't know is how much is there?

    The presentation said it all - the comparrison with Kings's assays & The Henderson Mine considered to be one of the world's richest Molly mines @ .35% MoS2 = .21% Mo is equaled if not better. Yes it is preliminary results but they have hit molly from a surface of 10 metres.

    Analysts are predicting Molly to increase in price over the next few years - there are so many factors that are contributing to an increase in demand. The replacement of all the oil pipes in Europe, the construction of new pipes, the usage of Mo in nuclear reactors, the demand for steel in comming years, the environmental benefits.

    This is only the Molly. What about the Copper, Iron, Uranium, Gold??? What about Mexico / SNN ???

    The Uranium found @ Kalman is the least expensive to extract @ they have results of .09% - This is just a bonus really.

    We know nothing about the Iron Deposit @ Mt Philip. They are currently drilling this. Wait to the results start to come in for this? What will happen?

    The next leg up will come very shortly. There will be a mine at Kalman imo, and there will def be a mine at Mexico. Wait till we get a JORC resoruce for Kalman - the market will realise that this company is sitting on a world class deposit with massive molly grades... The question is how much is there? The Mo grades and widths are huge, it truely is a unique deposit.

    Good Luck to all KMN Holders, see you at $1.00 very soon
 
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