Kgl Resources Limited

( ASX:KGL ) - Materials


KGL’s Copper Bonanza

Half a dozen thick 5% copper intersections are interesting, 10-20% lead is intriguing, silver of 1240 gm/t verges on exciting, but 11%, 20% and then 30% copper is in a different league again. The market certainly thought so over the last week as half forgotten KGL Resources took off from 14c to 24c in just a week. A follow up with an 11% cu hit on Monday and strong silver with it sent KGL vertical again for a near three-fold gain.

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