KBL MINING LIMITED - gold and silver producer

[JBmurc]

Yes can think I better ways to blow near on 6k ..what a waste will feel better when I have buyers for my sections ....planning on 100-115k net profit from under 10k invested ...

silly boy ....will be my first every admin ....and I've been close before ....

[babymonster]

yes. looks like nothing will come back to my way...

[JBmurc]

stupid gamble ...usually never touch debt issued companies ....pretty much broke my first rule of trading .... got far too lax with limited study on the overall picture ...instead looking at the long dating of the opts... Gold producer near record high AUD Gold etc ....

[shasta]

Where's SCHU?

Hope he wasn't too burnt on this.

[JBmurc]

yes for sure Schu would have lost a few dollars

[SCHUMACHER]

YEP lost a few bucks but only 2k as sold out before administration at .003 c when they started to dilute and issue shares daily which was my warning to get out and whats interesting is that "NEXT MINING " who promoted this company have pubically come out and apoligised - just goes to show when companies pay for these releases we as investors still have to be wary - im not happy with a certain manager / management for leading us to believe we could resolve cashflow and get the other open pit up in time - i believe now they potentially mislead the market -

few less beers for a while should recover some of the loss

JB obviously the risks were there which is why oi only bought head shares - i hope you all good with an unfortunate outcome - GL with your property deal may you make a extra 6k profit

[JBmurc]

Yes wish i never heard of KBL think I'll keep to companies I've been following for awhile and have a good handle on rather that taking a pure spec gamble ...MKO up of late has made me near on 20k today so do feel better