Pen, Gself, if that's the case, why is KZL collapsing then?
Collapsing??? you are a drama queen, they are probably trading at a fair price on the current earnings, the market unfortunately does not want to factor in a premium for Ad Bay, Mungana etc they should probably be a $1.50 stock if you attribute value to Ad Bay and Mungana
The price has not collapsed, it was merely over done in the eyes of the market, Management has repeatedly said that the market is not attributing any value to the gold or Ad Bay, that is one of the reasons why it is being spun off, to realise its value.
You know, if you go back and read your own posts from the past and those of some others on here you will see that some people change there minds like there underpants.
I have a long term opinion on KZL and that is that it will do very well over the next 5 years or so, i am not prepared to run out a hundred different price predictions which will most likely all be wrong and make me look like a Dill, nor do i see any benefit in having a grizzle about daily or weekly price fluctuations, especially when most stocks in the same sector are going down as well. I am fairly sure it will not hit your or Dans prediction of 60c.
Dan, You posted for me to get ready and eat my humble pie about your 60c prediction, Well my man, today is the last day of Feb and KZL are not 60c have you laid the table and prepared to eat yours? This is the price you pay for making Dumb predictions with no fundamental reason to back it up, i think you said that you follow cycles, so this now proves that following cycles can send you broke if you bet a lot of $ on them.
What flavour humble pie do you want.
KZL Price at posting:
83.0¢ Sentiment: LT Buy Disclosure: Held