KGL - KGL Resources
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Sean K
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Re: KGL - Kentor Gold
Tell us why?
Tell us why?
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Re: KGL - Kentor Gold
Would appreciate those starting threads on stocks provide some basic information on the company for the benefit of others.
Thanks!
Would appreciate those starting threads on stocks provide some basic information on the company for the benefit of others.
Thanks!
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Re: KGL - Kentor Gold
Only 40m shares and acquiring Leases prospective for Uranium in N.T.
Reminds me of HDN, I jumped on board after it had risen about 80% and the following few days it rose even more, its all about peer mkt cap comparisosn,
A uranium explorer in N.T. should have a mkt cap of $25m, thats what the mkt avgs it at
With only 40m shares on issue a mkt cap of $25m would imply an SP of 62.5c
So its safe to say the KGL is still cheap given its Uphoric move
Only 40m shares and acquiring Leases prospective for Uranium in N.T.
Reminds me of HDN, I jumped on board after it had risen about 80% and the following few days it rose even more, its all about peer mkt cap comparisosn,
A uranium explorer in N.T. should have a mkt cap of $25m, thats what the mkt avgs it at
With only 40m shares on issue a mkt cap of $25m would imply an SP of 62.5c
So its safe to say the KGL is still cheap given its Uphoric move
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Re: KGL - Kentor Gold
Mention the word "uranium" in an announcement and the stocks jumps 43% in 3 hours of trading... Unbelievable...
Mention the word "uranium" in an announcement and the stocks jumps 43% in 3 hours of trading... Unbelievable...
Re: KGL - Kentor Gold
Ha - my thoughts exactly Jooles.
Anyone still left from the days when mentioning "IT" sent shares through the roof?
But YT is probably right - based on current market trends, not actual company prospects, this one does look a bit undervalued.
Ha - my thoughts exactly Jooles.
Anyone still left from the days when mentioning "IT" sent shares through the roof?
But YT is probably right - based on current market trends, not actual company prospects, this one does look a bit undervalued.
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Re: KGL - Kentor Gold
40m shares @ 20c = $8m
Too Cheap for a company with U projects in N.T.
I'd say $16m is a minimum = 40c
Lets wait and see how long it takes
40m shares @ 20c = $8m
Too Cheap for a company with U projects in N.T.
I'd say $16m is a minimum = 40c
Lets wait and see how long it takes
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Re: KGL - Kentor Gold
This is beyond a joke, any two bob company can say they have signed up for uranium and get a massive increase in interest and share price.
I took up the IPO for a small amount and cut some losses after the registry cocked up my names and I couldn't sell for two weeks while the whole Kyrgyz revolution took place on the week of listing.
Then the company has had issues drilling into the frozen ground in the tenements they have bordering the massive Kumtor mine owned by Centerra.
Anyway they seem to be getting a powerful enough rig to drill into the frozen area and I expect that will provide earlier results than any uranium prospecting.
I sold some that I bought 12months ago into this spike and hold a long term (very small parcel) in case they do hit on a continuation of the Kumtor mineralisation onto their ground.
I'd welcome a rally but honestly think it will drop back to mid teens again.
If anything the gold aspect will drive this and not uranium but I'd love to be proved wrong
DISCLOSURE: I hold KGL
This is beyond a joke, any two bob company can say they have signed up for uranium and get a massive increase in interest and share price.
I took up the IPO for a small amount and cut some losses after the registry cocked up my names and I couldn't sell for two weeks while the whole Kyrgyz revolution took place on the week of listing.
Then the company has had issues drilling into the frozen ground in the tenements they have bordering the massive Kumtor mine owned by Centerra.
Anyway they seem to be getting a powerful enough rig to drill into the frozen area and I expect that will provide earlier results than any uranium prospecting.
I sold some that I bought 12months ago into this spike and hold a long term (very small parcel) in case they do hit on a continuation of the Kumtor mineralisation onto their ground.
I'd welcome a rally but honestly think it will drop back to mid teens again.
If anything the gold aspect will drive this and not uranium but I'd love to be proved wrong
DISCLOSURE: I hold KGL
Re: KGL - Kentor Gold
I find the management team of this company is very strong.
Chairman, Non-Executive: John Barr AM, MAICD
John Barr has had a long involvement with the Australian minerals and metals industry having been Managing Director of Metallgesellschaft’s Australian subsidiary since the company’s inception in 1974 until his retirement in 1994. He is a Director of Iluka Resources Limited and a former Director of Acacia Resources Ltd, Oxiana Limited, and Transurban City Link Ltd. In August 2005 he retired as Chairman of Utilities of Australia Pty Ltd, a major unlisted infrastructure investment fund.
Managing Director: Simon Milroy
Simon Milroy is a mining engineer with twenty years experience across a diverse range of metals. He has spent the last seven years working in South East Asia on mining development projects. His most recent experience has been with Kingsgate in Thailand and with Pan Australian Resources in Laos. Simon is a member of the Australian Institute of Mining and Metallurgy.
Executive Director, Country Manager and General Director – CJSC Kentor: Hugh McKinnon B.Eng. (Mining)
Hugh McKinnon has been involved in the mining industry in Australia, Africa, and Asia for 30 years in activities ranging from exploration ventures to mine production. Since early 1996 he has worked on mining and exploration projects across Central Asia from Tajikistan to Mongolia, with a particular interest in the Kyrgyz Republic. Hugh speaks competent Russian.
Director, Non-executive: Andrew Daley BSc (Hons) (Mining)
Andrew Daley is a mining engineer and resources finance executive. Andrew spent several years working on mining projects in Africa before relocating to Australia as Senior Engineer with Fluor Australia in 1981. Since then he has had a long career in international investment banking and held senior positions with NAB, Barclays, and Chase Manhattan. He is a Chartered Engineer, a former Director of Oxiana Limited, a Director of Pan Australian Resources Limited, Dragon Mining NL, Gladstone Pacific Nickel Ltd (listed on AIM), a Member of IOM3 and a Fellow of the Australasian Institute of Mining and Metallurgy.
General Director – CJSC Kentor: Orozbai Tohtonazarov MSc (equiv) (Geology)
Orozbai Tohtonazarov is a mining engineer-geologist with a higher degree in geological-mineralogical science who was Director of Kyrgyz Geophysical Expedition before joining Kentor. During his career he has gained extensive exploration experience throughout the Kyrgyz Republic and has published 11 scientific articles relating to geology and mineralogy. Orozbai has also held the positions of President of the Professional Union of Geologists, Member of the Kyrgyz Committee for Labour Control, and Vice-Chairman of the Federation of Trade Unions of the Kyrgyz Republic.
One of the best team I have ever seen. They are very likely to succeed in the end.
I find the management team of this company is very strong.
Chairman, Non-Executive: John Barr AM, MAICD
John Barr has had a long involvement with the Australian minerals and metals industry having been Managing Director of Metallgesellschaft’s Australian subsidiary since the company’s inception in 1974 until his retirement in 1994. He is a Director of Iluka Resources Limited and a former Director of Acacia Resources Ltd, Oxiana Limited, and Transurban City Link Ltd. In August 2005 he retired as Chairman of Utilities of Australia Pty Ltd, a major unlisted infrastructure investment fund.
Managing Director: Simon Milroy
Simon Milroy is a mining engineer with twenty years experience across a diverse range of metals. He has spent the last seven years working in South East Asia on mining development projects. His most recent experience has been with Kingsgate in Thailand and with Pan Australian Resources in Laos. Simon is a member of the Australian Institute of Mining and Metallurgy.
Executive Director, Country Manager and General Director – CJSC Kentor: Hugh McKinnon B.Eng. (Mining)
Hugh McKinnon has been involved in the mining industry in Australia, Africa, and Asia for 30 years in activities ranging from exploration ventures to mine production. Since early 1996 he has worked on mining and exploration projects across Central Asia from Tajikistan to Mongolia, with a particular interest in the Kyrgyz Republic. Hugh speaks competent Russian.
Director, Non-executive: Andrew Daley BSc (Hons) (Mining)
Andrew Daley is a mining engineer and resources finance executive. Andrew spent several years working on mining projects in Africa before relocating to Australia as Senior Engineer with Fluor Australia in 1981. Since then he has had a long career in international investment banking and held senior positions with NAB, Barclays, and Chase Manhattan. He is a Chartered Engineer, a former Director of Oxiana Limited, a Director of Pan Australian Resources Limited, Dragon Mining NL, Gladstone Pacific Nickel Ltd (listed on AIM), a Member of IOM3 and a Fellow of the Australasian Institute of Mining and Metallurgy.
General Director – CJSC Kentor: Orozbai Tohtonazarov MSc (equiv) (Geology)
Orozbai Tohtonazarov is a mining engineer-geologist with a higher degree in geological-mineralogical science who was Director of Kyrgyz Geophysical Expedition before joining Kentor. During his career he has gained extensive exploration experience throughout the Kyrgyz Republic and has published 11 scientific articles relating to geology and mineralogy. Orozbai has also held the positions of President of the Professional Union of Geologists, Member of the Kyrgyz Committee for Labour Control, and Vice-Chairman of the Federation of Trade Unions of the Kyrgyz Republic.
One of the best team I have ever seen. They are very likely to succeed in the end.
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Re: KGL - Kentor Gold
Hi folks,
KGL ... 2 positive time cycles come into play 02-03012008
and expecting resistance, around 29-30 cents ...
Happy New Year
paul
=====
Hi folks,
KGL ... 2 positive time cycles come into play 02-03012008
and expecting resistance, around 29-30 cents ...
Happy New Year
paul
=====
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Re: KGL - Kentor Gold
Geology has never followed man-made borders. Remember that as Minesite takes you for a guided tour of the value hidden inside a small ASX listed explorer operating in the remote hill country of the Kyrgyz Republic in east Asia. Kentor Gold, which has suffered several years of neglect on the stock market, is re-emerging thanks to its exposure to tenements adjacent to two world-class gold projects. In one location it has a 12 million ounce goldmine as a neighbour. In another, it is chasing a geological structure which runs into the border with China where, on the other side sits a 1.5 million ounce gold resource, which is almost certainly linked by the geology of the rich Tien Shan gold belt, if not by the cartographer�s pen. In simple terms, Kentor has two high-grade prospects which should generate news flow of a company-changing nature in 2008 as drilling at both sites accelerates.
The project most likely to attract initial attention is called Savoyardy. This is an old Soviet-era antimony prospect that also revealed encouraging gold grades when a series of adits where dug into hillsides. Like so much in the Soviet Union of the 1970s good early work was lost in a bureaucratic maze. Re-reading the old data, of a surprisingly high quality, was a starting point for Kentor, which is earning a 70 per cent stake in Savoyardy from fellow Australian explorer, Perseus Mining. Cleaning out the adits the second step, and sinking 14 shallow diamond drill holes a third.
It was the third step which triggered a ripple of excitement in the investment world late last year when Kentor reported a set of excellent, near-surface, gold assays. Pick of the pack was a 15-metre section grading 14.2 g/t gold starting at a depth of 21 metres. That result prompted Kentor chief executive, Simon Milroy, to describe the intersection as the best yet from Savoyardy. �It was especially significant because it was so close to the surface,� he told Minesite.
More assay results are expected to be released soon from the project area which is located 145 kilometres from the Kyrgyz city of Osh where ground conditions are harsh, and the winter weather even harsher. Tough as the going might be, Kentor has found a way to continue working all year round with the cleared adits now being prepared for an underground drilling programme, ahead of a return to drilling from the surface in spring. But, better than the ability to keep working is the fact that Kentor has now established that the Savoyardy structure extends to within 300 metres of the Chinese border (and almost certainly right up to the border when the ground crews get closer), at which point it will bump into the Sawayerdun project of Canada�s Majestic Gold, a discovery already known to contain 1.5 million ounces of gold.
Minesite�s Man in Oz, after a chat with Milroy, started to imagine the value waiting to be created should Kentor prove that Savoyardy is indeed an extension of Sawayerdun and that joining the two creates something which is bigger than one-plus-one. This thought is in the day-dream category, and Milroy wouldn�t dare go that far in what is really a �join-the-dots� exercise rather than genuine geology. But , and this is a big but, when the dots are joined in an area which is part of the Tien Shan belt Kentor could find itself in an interesting situation, leading to these possible conclusions. Either Kentor�s share price will be significantly re-rated, or Majestic looks at the logic of owning all of what seems to be the same structure, and then deals with the interesting question of mining across an international border.
�The latest drilling was a bit of a surprise,� said Milroy. �We�re hitting good thicknesses of high-grade material. We had expected the area to be a bit depleted at surface.� The result was a major encouragement for Kentor which has previously suffered severe frustration when trying to drill in glacial moraine (piles of small rocks deposited by glaciers) at the Akbel project which abuts the 12 million ounce Kumtor mine of another Canadian visitor to Kyrgyz, Centerra Gold. It was at Akbel that Kentor lost a lot of time, money and management focus before a major overhaul last year which has seen the company re-direct its attention to Savoyardy, keeping Akbel alive for a fresh attack � while also attracting the attention of a third party as a partner in the search for geothermal power.
It�s the combination of Savoyardy, Akbel, and Kentor�s exposure to deal flow in the Kyrgyz Republic which ought to have investors adding the company�s name to a list of potential winners in what is shaping as a fresh gold rush in 2008, and beyond. Milroy again: �The results to date have been better than we expected, and certainly justify a much harder and accelerated hit on it in 2008,� he said. When? That�s Minesite�s blunt question, because the market is keen to see Kentor continue its upward run which has taken it from a low of A10 cents last year to recent trades around A20 cents.
�Well, we�re still on site and have year round access to maintain our focus on the area,� Milroy said. �We�ve currently got a team of miners fixing up an exploration adit. They�re going to do about 100 metres of development for drill cuddies (working spaces) and we expect to be drilling from underground in March.� The key to the underground work is that Kentor�s staff and contractors are out of the weather and can operate year round.
Cash is not an immediate issue for Kentor which late last year raised a fresh A$1.3 million to clients of the Sydney-based investment bank, Far East Capital. �We kept it tight because we�re pretty confident the share price will be higher next year, and we�ll raise the cash as required,� Milroy said. �We�re planning 4500 metres of drilling at Savoyardy, with 2000 metres from underground and 2500 metres from the surface. That will call for the use of six drill rigs, all diamond, which will give us a very good look at what we�ve got.
Milroy said that last year�s drilling had given Kentor �a very good handle� on the geology of the area being explored and enabled geologists to construct a very good three-dimensional picture of the structures. �The issue now is that we don�t yet have the strike length or depth for us to say we have a firm understanding of the whole thing. It seems to be improving at depth, but we just don�t know. Having said that it is also fair to say that the indications are certainly looking good.�
Geology has never followed man-made borders. Remember that as Minesite takes you for a guided tour of the value hidden inside a small ASX listed explorer operating in the remote hill country of the Kyrgyz Republic in east Asia. Kentor Gold, which has suffered several years of neglect on the stock market, is re-emerging thanks to its exposure to tenements adjacent to two world-class gold projects. In one location it has a 12 million ounce goldmine as a neighbour. In another, it is chasing a geological structure which runs into the border with China where, on the other side sits a 1.5 million ounce gold resource, which is almost certainly linked by the geology of the rich Tien Shan gold belt, if not by the cartographer�s pen. In simple terms, Kentor has two high-grade prospects which should generate news flow of a company-changing nature in 2008 as drilling at both sites accelerates.
The project most likely to attract initial attention is called Savoyardy. This is an old Soviet-era antimony prospect that also revealed encouraging gold grades when a series of adits where dug into hillsides. Like so much in the Soviet Union of the 1970s good early work was lost in a bureaucratic maze. Re-reading the old data, of a surprisingly high quality, was a starting point for Kentor, which is earning a 70 per cent stake in Savoyardy from fellow Australian explorer, Perseus Mining. Cleaning out the adits the second step, and sinking 14 shallow diamond drill holes a third.
It was the third step which triggered a ripple of excitement in the investment world late last year when Kentor reported a set of excellent, near-surface, gold assays. Pick of the pack was a 15-metre section grading 14.2 g/t gold starting at a depth of 21 metres. That result prompted Kentor chief executive, Simon Milroy, to describe the intersection as the best yet from Savoyardy. �It was especially significant because it was so close to the surface,� he told Minesite.
More assay results are expected to be released soon from the project area which is located 145 kilometres from the Kyrgyz city of Osh where ground conditions are harsh, and the winter weather even harsher. Tough as the going might be, Kentor has found a way to continue working all year round with the cleared adits now being prepared for an underground drilling programme, ahead of a return to drilling from the surface in spring. But, better than the ability to keep working is the fact that Kentor has now established that the Savoyardy structure extends to within 300 metres of the Chinese border (and almost certainly right up to the border when the ground crews get closer), at which point it will bump into the Sawayerdun project of Canada�s Majestic Gold, a discovery already known to contain 1.5 million ounces of gold.
Minesite�s Man in Oz, after a chat with Milroy, started to imagine the value waiting to be created should Kentor prove that Savoyardy is indeed an extension of Sawayerdun and that joining the two creates something which is bigger than one-plus-one. This thought is in the day-dream category, and Milroy wouldn�t dare go that far in what is really a �join-the-dots� exercise rather than genuine geology. But , and this is a big but, when the dots are joined in an area which is part of the Tien Shan belt Kentor could find itself in an interesting situation, leading to these possible conclusions. Either Kentor�s share price will be significantly re-rated, or Majestic looks at the logic of owning all of what seems to be the same structure, and then deals with the interesting question of mining across an international border.
�The latest drilling was a bit of a surprise,� said Milroy. �We�re hitting good thicknesses of high-grade material. We had expected the area to be a bit depleted at surface.� The result was a major encouragement for Kentor which has previously suffered severe frustration when trying to drill in glacial moraine (piles of small rocks deposited by glaciers) at the Akbel project which abuts the 12 million ounce Kumtor mine of another Canadian visitor to Kyrgyz, Centerra Gold. It was at Akbel that Kentor lost a lot of time, money and management focus before a major overhaul last year which has seen the company re-direct its attention to Savoyardy, keeping Akbel alive for a fresh attack � while also attracting the attention of a third party as a partner in the search for geothermal power.
It�s the combination of Savoyardy, Akbel, and Kentor�s exposure to deal flow in the Kyrgyz Republic which ought to have investors adding the company�s name to a list of potential winners in what is shaping as a fresh gold rush in 2008, and beyond. Milroy again: �The results to date have been better than we expected, and certainly justify a much harder and accelerated hit on it in 2008,� he said. When? That�s Minesite�s blunt question, because the market is keen to see Kentor continue its upward run which has taken it from a low of A10 cents last year to recent trades around A20 cents.
�Well, we�re still on site and have year round access to maintain our focus on the area,� Milroy said. �We�ve currently got a team of miners fixing up an exploration adit. They�re going to do about 100 metres of development for drill cuddies (working spaces) and we expect to be drilling from underground in March.� The key to the underground work is that Kentor�s staff and contractors are out of the weather and can operate year round.
Cash is not an immediate issue for Kentor which late last year raised a fresh A$1.3 million to clients of the Sydney-based investment bank, Far East Capital. �We kept it tight because we�re pretty confident the share price will be higher next year, and we�ll raise the cash as required,� Milroy said. �We�re planning 4500 metres of drilling at Savoyardy, with 2000 metres from underground and 2500 metres from the surface. That will call for the use of six drill rigs, all diamond, which will give us a very good look at what we�ve got.
Milroy said that last year�s drilling had given Kentor �a very good handle� on the geology of the area being explored and enabled geologists to construct a very good three-dimensional picture of the structures. �The issue now is that we don�t yet have the strike length or depth for us to say we have a firm understanding of the whole thing. It seems to be improving at depth, but we just don�t know. Having said that it is also fair to say that the indications are certainly looking good.�
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Re: KGL - Kentor Gold
Nice article about KGL in The Age:
http://business.theage.com.au/busin...in-the-wilds-of-kazakhstan-20080803-3pdj.html
Apparently there is some talk that the new IOCG deposit purchased in Kazakhstan could be a company maker a la Sepon was was the Ox.
Been watching this one for awhile for its gold deposit it was drilling out. IOCG makes the story more compelling.
As with all specs, been sold down the shizen as Aussie investors sell the farm to cure the hangover. Crazy days.
DYOR
Nice article about KGL in The Age:
http://business.theage.com.au/busin...in-the-wilds-of-kazakhstan-20080803-3pdj.html
Apparently there is some talk that the new IOCG deposit purchased in Kazakhstan could be a company maker a la Sepon was was the Ox.
Been watching this one for awhile for its gold deposit it was drilling out. IOCG makes the story more compelling.
As with all specs, been sold down the shizen as Aussie investors sell the farm to cure the hangover. Crazy days.
DYOR
Re: KGL - Kentor Gold
Bushman
Cant wait for the gov. waiver which should be within a couple of weeks.
Very smart management of this co. with Simon Milroy having previously been with Kingsgate con. and Pan Australia res.
With 6 drill rigs in action my patience may finally pay off.
cheers ormond
Bushman
Cant wait for the gov. waiver which should be within a couple of weeks.
Very smart management of this co. with Simon Milroy having previously been with Kingsgate con. and Pan Australia res.
With 6 drill rigs in action my patience may finally pay off.
cheers ormond
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Re: KGL - Kentor Gold
This stock will move considerably higher in the near term IMO...
Stale bulls exiting last few days as those who want a piece of the Khantau Project start collecting their stake.
The rout in commodities and markets in general, have done little to deter the KGL punters last few days - impressive.
Respect the volume, forget about the price for now, but respect the volume.
Snippet below from The Age article...
This stock will move considerably higher in the near term IMO...
Stale bulls exiting last few days as those who want a piece of the Khantau Project start collecting their stake.
The rout in commodities and markets in general, have done little to deter the KGL punters last few days - impressive.
Respect the volume, forget about the price for now, but respect the volume.
Snippet below from The Age article...
Re: KGL - Kentor Gold
"Very Niiice, I like"... the prospects for this stock short term if market does go good
3rd straight day of vol >1mill so I wonder if something is brewing perhaps
"Very Niiice, I like"...
the prospects for this stock short term if market does go good3rd straight day of vol >1mill so I wonder if something is brewing perhaps
springhill
Make the drill work for YOU
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Re: KGL - Kentor Gold
This one has been pushed quite strongly by the brokers at Pattersons lately, i get quite a bit of feedback off them bout this one in particular, may account for some of the volume increase
"Very Niiice, I like"...
3rd straight day of vol >1mill so I wonder if something is brewing perhaps
This one has been pushed quite strongly by the brokers at Pattersons lately, i get quite a bit of feedback off them bout this one in particular, may account for some of the volume increase
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Re: KGL - Kentor Gold
The key here is that KGL is not moving on prospective ground based on some fly over surveying.... but 6 rigs beavering away.
One would think you would not attempt to raise $30M through an ASX backdoor in current market, unless there were some decent drill bit hits?
Should know in a week or so, would be nice to see the stock trading above 20c before the trading halt.
Looking for another 500k+ to get soaked up today.
The key here is that KGL is not moving on prospective ground based on some fly over surveying.... but 6 rigs beavering away.
One would think you would not attempt to raise $30M through an ASX backdoor in current market, unless there were some decent drill bit hits?
Should know in a week or so, would be nice to see the stock trading above 20c before the trading halt.
Looking for another 500k+ to get soaked up today.
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Re: KGL - Kentor Gold
Volume indicates a stalemate today.
The wily waiting for a few momentum trader dumps imo.
May well see another day of this as T+3 money is washed out.
Look for a 1000k+ day early next week to signal the break.
Forget about looking at the price of this stock till then, watch the volume
Volume indicates a stalemate today.
The wily waiting for a few momentum trader dumps imo.
May well see another day of this as T+3 money is washed out.
Look for a 1000k+ day early next week to signal the break.
Forget about looking at the price of this stock till then, watch the volume
Re: KGL - Kentor Gold
Reviving this thread... because it's about time people take a quick look at this one.
KGL - Kentor Gold has several joint venture projects with MSR - Manas Resources, which has a gold exploration project in Kyrgyzstan (Pre-Feasibility Study due out within then month). It is currently look to go into production early 2010.
KGL - Kentor Gold, also, has several joint ventures with PAX - Panax Geothermal, which has go one step closer to securing a grant for several million. Most of the site prospective for the clean geothermal technology are once again in Kyrgyzstan.
KGL -Kentor Gold last traded at 3.2 cent (one month high 4.0cents, low 2.7cents). I would think that a good pre-feasibility study for the gold project, and, or approval of the grant for geothermal advancement, could see KGL generate some interest in this lacking stock.
If you follow MSR or PAX, also follow KGL... it may be worth your while!
Reviving this thread... because it's about time people take a quick look at this one.
KGL - Kentor Gold has several joint venture projects with MSR - Manas Resources, which has a gold exploration project in Kyrgyzstan (Pre-Feasibility Study due out within then month). It is currently look to go into production early 2010.
KGL - Kentor Gold, also, has several joint ventures with PAX - Panax Geothermal, which has go one step closer to securing a grant for several million. Most of the site prospective for the clean geothermal technology are once again in Kyrgyzstan.
KGL -Kentor Gold last traded at 3.2 cent (one month high 4.0cents, low 2.7cents). I would think that a good pre-feasibility study for the gold project, and, or approval of the grant for geothermal advancement, could see KGL generate some interest in this lacking stock.
If you follow MSR or PAX, also follow KGL... it may be worth your while!
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Re: KGL - Kentor Gold
G'day Holy Roly, I remember this for a few years ago when the BP boys were promoting it. Do you know if Savoyardy has been proven an extension of Sawayerdun yet?
G'day Holy Roly, I remember this for a few years ago when the BP boys were promoting it. Do you know if Savoyardy has been proven an extension of Sawayerdun yet?
