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11.8% 3.8¢ kingsrose mining limited

I am not having a go at the Company, but it really is not wise...

  1. holymoses
    150 Posts.
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    06/10/10
    18:54
    Post #: 7290503
    I am not having a go at the Company, but it really is not wise to show silver as a credit against cash cost. Serious gold companies show it as revenue and not as a credit against cash cost as that practice clouds the issue.

    Besides that, I think they have issues with production and in all honesty, their gold bar as shown in the first gold pour looks more like a silver bar.

    Q. Are they a gold company or silver company?
    KRM Price at posting: $1.06 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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