Replies to post #19692 on King Resources Inc (KRFG)

[dmbao]

Might be never. It’s a high risk high reward trade. You have to be willing to tie up capital and potentially lose it as it may go to no bid.

Every one in a while a POS like this will rise 10-30 fold or more and you sell, repeat.

Like the last p&d you won’t sell at the top but I think I made on average 18x on the ones I bought at .0001.

I would guess it’s early as there isn’t likely a plan and more selling is likely but one never knows.

It’s easy know when something is a p&d but difficult to know when the next one is going to happen. Typically every couple of years this will move.