KAL - Kalgoorlie-Boulder Resources

alphman · 7 November 2007

alphman said:
At $0.10, we have a f/d market cap of $16m (incl. $0.20 options)
At $0.15, we have a f/d market cap of $24m (incl. $0.20 options)
At $0.20, we have a f/d market cap of $32m (incl. $0.20 options), EV/oz still under $30...

P.S. The above mkt caps that I posted earlier includes approx. 50m shares which are in escrow until March 2009. Depends how you want to see it, but I like to look at the worse case, which is fully diluted. If it looks good at worst case, then go figure.

Oh, and gotta love it when a stock breaks through 10c! :bananasmi Just hope it holds up tomorrow and we don't see a retracement...

alphman · 8 November 2007

Up another 35% on a very red day (40% as I type). Seems to be holding up quite well... More volume than yesterday too...

Anyway, minebox.com has the story as headline news. Read it here.

Bullion · 8 November 2007

Had a quick punt yesterday at close and sold early this morning (maybe a little too early). Looks good though, if it re-traces would definately look to get back in for longer term

jtb · 8 November 2007

The weekly shows that the breakout through 11c was very positive (when looking at a daily chart) and having a look past the next important level of 14c so soon is very bullish imo.
I figure she'll settle above 14c shortly.
I stopped watching her when she fell through 11c a while ago

SevenFX · 8 November 2007

jtb said:
I figure she'll settle above 14c shortly.

Looks like she range bound bet 12c-13c atm, and say she will finish below 13 at a guess.

SevenFX

Wilson! · 12 November 2007

Kal looks to have found a bottom before the next ann and leg up
Depth back which is pleasing to see after a potentially weak day today

alphman · 12 November 2007

Wilson! said:
Kal looks to have found a bottom before the next ann and leg up
Depth back which is pleasing to see after a potentially weak day today

Agree with you there Wilson. No one willing to sell below 11.5c. The whole buy line at 11.5c was taken out at one stage but we still managed to close at 12c. People taking profits with gold, which is fair enough - it was bound to happen. On the bright side, this will only give it more grunt on the upturn, IMO. Just hope this happens sooner than later.

Wilson! · 12 November 2007

Cheer alphaman
The next results are due within 6 or 7 days, so hopefully we won't have long to see if we are right.

When recieved, I hope to see a RAU style run. Lets see how it goes.

jtb · 14 November 2007

Nice ann', spent a year in the bustling metropolis of Norseman many years ago

http://aspect.comsec.com.au/asxdata/20071114/pdf/00782650.pdf

alphman · 14 November 2007

jtb said:
Nice ann', spent a year in the bustling metropolis of Norseman many years ago

http://aspect.comsec.com.au/asxdata/20071114/pdf/00782650.pdf

Yep! Another great announcement!!!

Some of the more significant intersections are detailed below:
• 11m @ 6.69gm/t from surface (includes 3m @ 19gm/t)
• 10m @ 5.70gm/t from 62 metres
• 11m @ 2.59gm/t from 14metres
• 9m @ 3.71gm/t from 45 metres
• 9m @2.92 gm/t from 12 metres
• 14m @ 2.10 gm/t from 66 metres
• 6m @ 2.71 gm/t from 43 metres

jtb · 14 November 2007

jtb said:
The weekly shows that the breakout through 11c was very positive (when looking at a daily chart) and having a look past the next important level of 14c so soon is very bullish imo.
I figure she'll settle above 14c shortly.
I stopped watching her when she fell through 11c a while ago

Well 18c it is then............ should of bought this morning shouldn't I
Best of luck holders, love it when a plan comes together
:

alphman · 14 November 2007

Up 65% so far on huge support. My initial target of $0.20 by January 2008 is fast becoming a reality! Currently trading at $0.19. :bananasmi

More news to come in two weeks and four weeks... I would expect another resource upgrade by end of the year.

zt3000 · 14 November 2007

alphman said:
Up 65% so far on huge support. My initial target of $0.20 by January 2008 is fast becoming a reality! Currently trading at $0.19. :bananasmi

More news to come in two weeks and four weeks... I would expect another resource upgrade by end of the year.

Target reached dude ... 21c ... well done

Question is how far is this going to run?

Interesting if results like this keep coming ... where will it end up?

alphman · 14 November 2007

zt3000 said:
Target reached dude ... 21c ... well done

Question is how far is this going to run?

Interesting if results like this keep coming ... where will it end up?

Up to 23.5c now. That's 104% today!! I haven't had a chance to rework my target, but I've decided that I'm going hold out till the full resource estimate is released in a couple of months. Today's announcement, IMO, was spectacular and strongly supports an upgrade in tonnage as well as grade. There are drill results due in a couple of weeks and again in about 4 weeks, followed by upgraded resource statement and results of scoping study, so there's still plenty of upside to this.

If KAL closes above $0.20 today, I believe this will be the support.

zt3000 · 14 November 2007

alphman said:
Up to 23.5c now. That's 104% today!! I haven't had a chance to rework my target, but I've decided that I'm going hold out till the full resource estimate is released in a couple of months. Today's announcement, IMO, was spectacular and strongly supports an upgrade in tonnage as well as grade. There are drill results due in a couple of weeks and again in about 4 weeks, followed by upgraded resource statement and results of scoping study, so there's still plenty of upside to this.

If KAL closes above $0.20 today, I believe this will be the support.

Well they mentioned 1.2 million ounces inffered resource .. which is an inground value of aprox $1billion US .. key is to prove up the resource. Any idea on start up costs?

JORC is due end of 2007 which is very soon. I took profits and will free carry till results i think. Kinda for selling to early hahaha

Sean K · 14 November 2007

Is this real? Is this reasonable? Is this smart? Please, someone, fill in the funnymentals to this....please....

radar23 · 14 November 2007

Not reasonable at all! I sold yesterday I didnt see this happening...
I have much to learne, but from the movement of KAL today I'd think this was an extraordinary event..

Sean K · 14 November 2007

radar23 said:
Not reasonable at all! I sold yesterday I didnt see this happening...
I have much to learne, but from the movement of KAL today I'd think this was an extraordinary event..

Yep, another one to tuck away and remember.

This sharemarket stuff just bamboozels me more and more every day...Buy one and it crashes, sell one, and it explodes.......

Since the general market ALWAYS eventually goes UP, it makes me think that the exit is more important than the entry....

Or, if you have all the time in the world and some patience, just buy a great company, and hold.......

Now, we just have to pick the exits, and the great companies.....

jonojpsg · 14 November 2007

kennas said:
Is this real? Is this reasonable? Is this smart? Please, someone, fill in the funnymentals to this....please....

Hey kennas,
Well from what I can see, prior to today KAL had a MC of $13m which with a resource of 1.2 million oz is kinda ridiculously low when compared to others AU explorers. From what I can see on other threads, an EV of $50 per oz is reasonable, which would give KAL an MC of $60m, or 50c per share. The market might seem strange sometimes, but isn't it about looking for and buying undervalued companies such as KAL and waiting for the market to realise and adjust.

In the above case, I would think that a reasonable target for KAL given the results today are outside the 1.2m oz resource, would have to be around 50c.

Just my

rhyslivs · 14 November 2007

I was looking at company announcements exactly when KAL released their first several days ago, and had a quick look but didnt think to much of it, mainly because i dont fully understand how to interpret these mining results.

Could have easily bought in at 9 cents.... then at 12.5 the next day but i didn't...

Alas such is life!

Rhys

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