Yeah, I had a nice little run-up on kdr but sold out at14.5c
Now they 'think they may have lithium' my feeling is wait and see,
There are far more advanced LITHIUM plays
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Have looked across KDR from the connection to RMS (they lease RMS Burbanks from memory this costs them round 1mill p.a) and still not convinced its a great buy at this stage ..
-15.4mill MCap- 6.6mill in debt -2.1mill cash
they do have 1.2moz resource say 200koz-300koz in reserves .....at Mt holland with good exploration upside ....production likely start of 2018 ... giving est AISC just under $1200oz AUD
good one for the watchlist ....but for me MKO - NKP should do better this year
Why is buying into a strengthening stock a bad move? Both these company's have all their best days ahead of them.
DYR - MOY have been drilling the sh*t out of their tenements and are announcing an upgrade in resources & reserves at the end of April (we are in mid April now).
IRC just announced spectacular drill results at Teal - you can still get shares at 10 cents or thereabouts.
If the share prices are holding or not dropping by much in an environment where the gold price is falling, that's a good thing. It means buyers / holders can see the potential.
Just a heads up guys; there is a Lithium thread now if int.There has and are really good profits to be made now, no need to wait.
it's been a great last couple of weeks for my goldies but it's been two of my little silver plays that have been shining brightest namely ARD and IVR.
ARD is currently drilling in it's Kempfield project and is expected to announce the first results next week. Hopefully good results coupled with a rising silver price will push this much higher.
i have never buy silver miners. They usually follow gold prices right? I mean the silver price
Hi babymonster - the companies I mentioned are silver explorers. The silver price is a factor but I think what is more important are company specific factors (the results of their drilling, how much dilution occurs when they raise funds, etc). Very high risk, but potentially high reward.
I like high risk high reward