News Focus
News Focus
Followers 57
Posts 2043
Boards Moderated 0
Alias Born 01/06/2005

Re: cl001 post# 915

Wednesday, 06/11/2008 12:21:14 PM

Wednesday, June 11, 2008 12:21:14 PM

Post# of 2300
KCL ALERT Re: RAY AND KCL - Cannacord suggested a target price for RAY of $3 a share in a recent report and RAY has been on fire ever since (currently $2 a share). If we use their valuation metrics $4 a tonne in situ, then KCL with it's 400 million indicated and inferred resource would be worth $37 a share. I think KCL is the truely undervalued one of the junior non-producing companies.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now