logged into Commsec this morning to find out i have a company called KALGOORLIE MINING in my Holdings list. Does anyone know what this is and why it just appeared?? companys i have shares in: ARD, CCU, SLR, & CGT. could it come from any of them?
USN have changed their name to Kalgoorlie Mining. My comsec account is showing a value of zero which is rubbish as they are trading at .145 cents.
thanks Goldrush. never read any USN reports, only read stocks iv purchased. guess i should start reading USN too.
They have really ballzed up the name change - NO info on commsec no website nothing, anyone wants to find or get this company's info from commsec - they cant... share price has suffered because they were not thorough in applying the name change. Name changes can be great, or they can kill a company - having a recognisable name is important
link: http://asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=KMC Current SP: 0.092 (down today) Market Cap: $23.83 million Options: Price: 0.012 Exercise: 25c Expiry: 31 May 2014
an account may show zero value ... but there are dudes driving around in porsches skimming fractions of cents ...
Just to add: As per the ASX announcement (8th Aug) that ore is being sold to Barrick (for processing) so I assume the KMC wont realise the full value of the gold within that ore.. Plan to have their own plant up in 2012.
asx ann: First Ounces and Gold Ore Revenues of AUD$2.1M From Bullant Congrats to all those that hold. Good day with better days ahead.
I think a few of us are still holders since the ARD bullant sell off. In that case we are still not back to the conversion price.....but its nice to see the good new and price rise none the less.
Another good day. All the goldies are looking good at the moment. Very contrary to the rest of the market, wish I bought some instead of just watched.
I think this represents the beginning of the re-rating of most gold producers, dont write off getting in, but be careful as I'm sure you know. DYOR
Yeh i just hate the thought of jumping in when the going is good. I'm looking for a decent producer though...........particularly one of ELD (Eldorado), TRY (Troy), RMS(Ramelius) or OGC (Oceana Gold). Any that people here might prefer?
