KGLD share price movement.

This article indicates why I invested in Kolar (see here).

Since then we have had Paul Johnson, his wife and Metal Tiger increasing their stake in the business.

Anybody who bought shares on the 9th March after reading the above article will be, after 6 days, sitting on profits of 40-50%. We haven’t yet had any news from the business and as highlighted in the article the share price based on the value of its assets should be 3.5p.

The share price today in my opinion is very good value with the upside being a minimum of 100% from today’s price.

 

 

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