Club Mulgoa

Thursday, September 26, 2019

KSN

The last 2 announcements about finding gold in Misima (PNG) and Livingstone (WA) were excellent.  However, investors seem to have very poor short term memory and were already selling down the stock.  One stock tipper had written about this equity and seems to have good knowledge of the WAS ground.  He was already predicting great exploration results before the company announced its find yesterday.

Thank you very much as it gave me the opportunity to top up at 2.1c.

2 Comments:

Blogger Club Mulgoa said...

Still grossly undervalued at 17c (post-consolidation at 10 shares to 1)...

Read this!

https://www.nextsmallcap.com/kingston-increases-gold-silver-resource-pfs-set-start-june/?utm_medium=email&utm_campaign=KSN-UA7&utm_content=KSN-UA7+CID_89d13e694e819225dd3bb5dcc91933da&utm_source=SD&utm_term=READ%20MORE

11:44 PM  
Blogger Club Mulgoa said...

Just a couple of weeks ago, KSN mopped up the remaining shares in its PNG tenement. There is a lot of gold in Misima. The mob that sold were selling their share for a song!

I had always expect KSN to be leaping up in value (i.e. its share price) but it has taken a long time to give me a 20% rise in my investment over at least a year. In fact, I had been nursing a loss for a long time until a dramatic rise today... by 20%.

3:21 AM  

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