This is an excellent reportwhich sets the company on target to produce 45ooo ozs gold in 2011.
Progressive resource upgrades during the year
should confirm KRM's value of $2+ by year end.
With costs of under $200/oz it will be only a matter of time until the cash register interests the institutions.
Cheers
Moorookamick
PS: I'll stick with my crude math of
45000 ozs x $1200 oz profit divided by 251 mil
= 21.5 cents/share X 10 p/e = $2.15 (this excludes the $20 mil cash) mm.
qtr report
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