Chillagoe assets including Red Dome is about 2.6 million oz gold
The trouble at the moment is gold companies are Really out of Favour
A year ago the gold assets would be worth double What they are now
Seems a lot going against Kagara at the moment Anyhow I hope we get another announcement soon
I think Snow Peak got a sweet deal The processing plant alone would be worth $50 million Suppose to be higher grades to process And copper prices set to increase with a lift in Chinese manufacturing
Any good luck to them
I wish all holders good luck also If not with Kagara then with other investments
KZL Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held