KRL - Kangaroo Resources

[explod]

ASX announcement just out that KRL now owns all of the Mamahak coking coal project.

With the huge increase in price and activity this may be a forerunner to some sort of JV perhaps. Was a big individual into it Thurdsay.

 

[explod]

Although volume has dropped off, sellers have gone and continued good buys are pushing us up nicely.

Still no news and one wonders that there has not been an ASX note. A large buy lunch time today has increased my feeling that an announcement may be close by.

Cheers to holders

 

[kalin]

hmm,, share price is stuck at around 15-16c range.... was looking like it might break the 16 cent mark today when it hit 16.5,,, but it fell back down to 15c at close... dissapointed
cant wait till this stock takes off though

 

[sle304]

Well its in a trading halt now so you might get your wish next Tuesday Kalin.

SLE

 

[AngusSmart]

I wonder what its going to be. material transaction..

sounds interesting whatever it is.. obviously its good news with the volume of late.. and what one would think is apparent leaked info..

 

[kingkev]

These guys appear to becoming very Indonesian,

Rubber time (JAM KARET) is very popular in Indo culture. Something akin to our murri time. Eventually we will be enlightened but it could take some time.

Info leaks............mmmmmmmmmmmmmm maybe

 

[kingkev]

And its out now

Looks like a share price dillution is on the cards.

All still looks promising

 

[kalin]

hm.. wasnt the news i was expecting,, it wasnt bad news though... so its all good... still holding... waiting for it to takeoff

 

[AngusSmart]

Yes clearly not the material transaction we were after.. however i am expecting there is more to come of this..

cant wait to see what the real plans are! hopefully we've got ourselves a good partner or something similar.

 

[explod]

Very strong rise on volume the last few days and seems to be eating up the resistance of 18.5 cents.

Inadvertantly should be just about leading the stock tipping but for some reason it did not update after the close a few days back now and remains in lockdown. Probably the new site works..

Cheers to holders and smiling for Christmas.

 

[AngusSmart]

Very strong rise on volume the last few days and seems to be eating up the resistance of 18.5 cents.

Inadvertantly should be just about leading the stock tipping but for some reason it did not update after the close a few days back now and remains in lockdown. Probably the new site works..

Cheers to holders and smiling for Christmas.

Good week its been for the roo, didnt think i would be saying this but glad to not be winning the comp ... tho was never sure any chance you can link me directly to the stock tipping leaderboard? the link in the thread takes me to the home page..

A little bit of news and this thing will be a rocketship.. we're expecting more to come from this material transaction right??

 

[chiasm]

Doing well today. Jumped on board a few weeks ago just before the trading halt, waiting for some more news and can't wait to see what happens. It been a nice little XMAS present...

 

[kingkev]

What's the go with another trading halt............something bgger and better on the horizon??

The kangaroo is hopping these days

 

[explod]

What's the go with another trading halt............something bgger and better on the horizon??

The kangaroo is hopping these days

I think we may be in for some very pleasing news soon but only based on guessing and rumours around the traps.

The rise in price and volume over the last few weeks were much more than the small cap raising excercise in my view, someone must know something big is on. A speeding ticket of course would only see a mark time for a few trading hours.

So we await with interest for the 29th.

cheers to holders

 

[kalin]

annnouncement is out.... its looking good

certainly glad i held onto krl as long as i did ..

 

[AngusSmart]

Keeep hanging dont be tempted to take profits now!! alot will be selling out today as they have turned a tidy profit from the 10c mark..

sounds like a pretty good announcement! hopefully they can keep the market informed throughout 2011 a bit better

bit of a dilution however..

 

[explod]

Keeep hanging dont be tempted to take profits now!! alot will be selling out today as they have turned a tidy profit from the 10c mark..

sounds like a pretty good announcement! hopefully they can keep the market informed throughout 2011 a bit better

bit of a dilution however..

Yes, very good news for shareholders. A coming together of a major coal player in Indonesia to take over the production and sales of coal for KRL and with it they also bring increased tenements. KRL is going to be a very large producer at a time when many countries nearby are screaming for coal. The outlook comments are just my opinion.

The following article sums up the announcement:-

http://www.theaustralian.com.au/bus...nesian-coal-deal/story-fn4xq4cj-1225977865848

 

[chiasm]

Keeep hanging dont be tempted to take profits now!! alot will be selling out today as they have turned a tidy profit from the 10c mark..

sounds like a pretty good announcement! hopefully they can keep the market informed throughout 2011 a bit better

bit of a dilution however..

Its really hard not to take some profits at the moment! I don't want to be greedy though...

 

[kalin]

Kinda regret not taking some profits at 24 cents and then buying back in at today's price... I'm guessing the share price drop is mainly due to the dilution?

 

[chiasm]

Kinda regret not taking some profits at 24 cents and then buying back in at today's price... I'm guessing the share price drop is mainly due to the dilution?

I decided to sell some yesterday and might by some a little later, but will sit and see what happens. I'm also guessing a bit of dilution but also some profit takers.