I am resending this as it has not got through, I am unsure why
Allan
-------Original Message-------
Date: Tuesday, 03
February 2004 05:24:52 p.
Subject:
KCN...aux
I recieved their quarterly report today, I seemed to me very good and
easy to understand, full of all the right words 20% increase in
production, Gold mineing is their bussiness and they are producing it at
US$117 per ounce.
The one weakness they have is they have only one mine [as GYM did]
however gold does not burn as well as coal mines.
I purchased on 9/12/03 feeling very sure of myself [they do pay a div
unlike some gold shares] and basically the price has gone down big time.[
have lost 19%]
Im hanging in and can see no reason to sell and take a loss of 19% at
present.
Does any one know what is happening?
Allan. |