Sean K
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- 21 April 2006
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Cheers, GP. That's my signal to top up. Thanks!GreatPig said:I got a sell signal for this yesterday and am out today at 69 cents.
Visually I think it's showing signs of temporary weakness and has strong RSI divergence.
I'll keep an eye on it though and see what develops. Expect it to be breaking $1 next week
Cheers,
GP
imajica said:Bolnisi Gold / Kings Minerals Comparison
BSG - Market cap - 885 million approx
KMN - Market Cap - 255 milllion approx
-both companies have significant projects in Mexico
KMN (San Anton resource) - 11.09 million ounces gold and rising
BSG (their major find) - 3.1 million ounces of gold eq
KMN's Kalman deposit looks set to be huge as well
is KMN undervalued compared to its similar stablemate BSG?
I believe so!
as always DYOR and always put your money on fundamentals and not hype
Just need to clarrify that the 11 m oz, is 11 m oz gold equiv also. I think there's just 4 m oz au, then the silver and copper, bringing it up to the 11 m oz equiv mark. Just a minor point.imajica said:Bolnisi Gold / Kings Minerals Comparison
BSG - Market cap - 885 million approx
KMN - Market Cap - 255 milllion approx
-both companies have significant projects in Mexico
KMN (San Anton resource) - 11.09 million ounces gold and rising
BSG (their major find) - 3.1 million ounces of gold eq
With those last drill results you'd have to think somewhere between 13-14 m oz au equiv. Conservative. Bit of a pluck really. Just looking at the grades and where the holes are compared to the rest of the site. I'm no resource modeller. Wish I was, would be swimming in it at the moment..imajica said:sorry did forget to mention that! really doesn't make any difference as it is au eq. ie - identical in ground value
whats ur prediction for the resource estimate at San Anton Kennas?
Got a buy signal yet GP?GreatPig said:I got a sell signal for this yesterday and am out today at 69 cents.
Visually I think it's showing signs of temporary weakness and has strong RSI divergence.
I'll keep an eye on it though and see what develops. Expect it to be breaking $1 next week
Cheers,
GP
Strictly speaking, no, but one of my algorithms does signal a buy today.kennas said:Got a buy signal yet GP?
You got a formula for that indicator that I can use in AmiBroker?I have this itch between my shoulder blades which is always a good sign
Should have taken the itchy shoulder indicator GP.GreatPig said:Strictly speaking, no, but one of my algorithms does signal a buy today.
When I say no I mean because I use a few different algorithms but the scanner only picks one at a time based on certain criteria. While this one does indicate a buy, the scanner is not picking it today so it doesn't show KMN as a buy.
You got a formula for that indicator that I can use in AmiBroker?:
Cheers,
GP
Not now Kiwi. Only if POG gets smashed.KIWIKARLOS said:are you anticipating a pull back in the next week or two. It is an expensive stock for me short term as im a little fish but im always looking for medium to long term prospects.
Its being strong today
No, just the one mentioned before, although one algorithm never generated a sell in the first place so is still indicating hold.kennas said:Got another buy signal now?
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