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0.00% 1.3¢ kalnorth gold mines limited

News: KalNorth Gold Mines selling non-core project for $1.8M, page-2

  1. danhoff
    3,205 Posts.
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    09/11/14
    13:43
    Post #: 14259284
    Sad. They paid 8.6 mill to buy it. Then they did some development. Got an initial reserve up.120 oz at 1.36 grade. Then they sell it back for 1.8 mill.

    If you read about Mt Jewell over the past couple of years, it is hardly NON CORE. It was big time CORE.

    Can we guess that gold mining is not CORE to KGM anymore?
    KGM Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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