Good question Holymoses. Just come across this company after doing some homework on Medusa.Looks like a very similar story with considerable scope for upside. Early days though. I like the management and in particular the connection with Medusa. If cost of production is araound $200 per oz and the company is able to raise sufficient funds to get into meaningful production by the end of the year we could see the share price considerably higher. I like these low cost producers, if gold price falls from these levels in anticipation of an IMF sell off, they still make very good money.There are very few investmnets that have an operating margin of over 350%. I like this one!!
KRM Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held
