I bought some at at 54c and had a buy in a 47c but alas markets are up today so I fear I won't get the lower price.
Everyone knows that timing the markets is almost impossible but buying when stocks are being thrown out pays off more often than not. As does a bit of patience and a long-term view. All buffet ideologies.
KZL is a bit like a mini BHP without uranium and I just wonder how much sentinment will change once KZL starts to ramp up production, and put in some good numbers.
We are at the end of a perfect storm (literally if you include Japan) and I hope some of you were game enough to take advantage of these low low prices.
I think in six months KZL will easily reclaim 80c levels and above as demand for commodities picks up and the post flood cleanup is completed.
KZL Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
