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KMN - Kings Minerals

Down 30% today.

Half yearly financial report out today. You know its not good when the first ten pages are re-iterating all the mineral resources at various projects.

Lost $2.9m last year in various expenses. $600k in the bank.

A new financing anyone???
 
And I think that $600k will be needed to buy Dudley's parachute. Unless PM's, Mo, Re and Cu explode, this company is cactus.
 
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