SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott Reynolds who wrote (5189)9/21/2005 11:40:57 AM
From: Sieg  Read Replies (1) of 5206
 
I hear you on NuDawn. I lost out there as well and with some others too. KRT has put me back on track. I've gained KRT ownership from the 90s and sold half of my SGF.

As to what will happen after the merger, this is the big question. There is a lot of talk about a take over, maybe with a bid war. This could be wishful talk. Maybe those hoping to take over SGF are buying and thus pushing up the prices for SGF and KRT?

If there is no buy out, then I think the price will level out for a while and maybe even settle down some, as a mine takes time to set up. I think people will take profits, which will help reduce the price. I hope this will be balanced by those wishing to buy into a company with a future.

I'd like to see reports that indicate a very profitable mine will be established; but from what I've seen to date, the mining profits would not be as high as I'd like to see. What do you think? What have you heard?

I am thinking if the price settles down some, I may buy a little more of the merged company. But then the price is up quite a bit and maybe I should buy into another stock, a stock that has a better chance for multiple gains? No more NuDawns please.

The question is, which stocks to buy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News