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Microcap & Penny Stocks : KLCI - formerly APPV (Apple Ventures)
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To: r laird who wrote (291)9/27/1998 11:29:00 PM
From: ajs  Read Replies (1) of 304
 
It looks like klci is getting ready to start commercial processing of their ore from Nevada. There are rumors that commercial processing may start in two locations at the same time, and the results from numerous tests that they have run are even better than what was originally expected and reported.

If the rumors are true and couple of brokerage houses get behind this stock, we could see some real fireworks. Remember that the float is around 1.1 million shares and most of it is in strong hands already. The fact that there is more than $.30 difference between bid and ask indicates that the MMs are really short and so far no selling has come in. Almost all the volume on Friday was a buy.

Do your own DD, but it looks like patient is paying off with this stock.

ajs
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