Lilian: Re:"In my opinion, based on the general feeling expressed....". I respect your opinion, however, the market has turned its attention completely away from mining companies. Even De Beers is trading below its 52 week low - so what chance does KRT, PUG, ACA, etc have when the market is shunning mining companies like the plague. Most of these have no to little funds to work with, are over committed, and the bad reputation that followed from the number of Canadian mining companies (including Bre-X) that have been caught salting does not help. All in all its an ugly picture no matter how you try to decorate it. However, one day the market will divert its attention to KRT and similar plays when an authentic mine is built and shows a positive return on investment. KRT management should be active in explaining to the investors their cash position, the value of the FALC, and future cash raising methods they intend to employ, how many shares did the CEO buy from his own pocket, provide a list of their employees along with their salaries and responsibilities, if these just consist of DS and a receptionist then explain why, how much dilution do we expect before the next drill starts, etc. KRT management has been silent and I have yet to see any promotion done. If this attitude of management continues the way it is presently then I can only see a hopeless situation.
Maher |
