MML skeptics were saying the same thing about Medusa (KRM has been referred to as a mini Medusa with its narrow seam UG operation) 18 months ago and look where Medusa has gone in the interim. Given the current high price of gold and KRM's sub $100/oz cost, and given the industry addage that "grade is king", KRM should move along once it gets further drill results and a clear quarter of full production.
I know that drilling narrow seam at depth is a difficult & expensive process but given a grade of 18g/t. the rewards are huge.
Moorookamick
KRM Price at posting:
$1.46 Sentiment: Buy Disclosure: Held