Member Info for knicol46

If its good enough for the wife then its good enough for me :)

:)

Initial drilling at the BK Main Resource aims to extend and upgrade confidence of the near surface higher grade copper mineralization intersected in earlier programs. Field preparations including re-establishment of pre-existing roads, access trails and camp facilities have advanced quickly. Initial drilling is planned on sites prepared previously (2012-13) using two drill rigs which have been stored at the BK project camp. Drilling is underway and as planned drill holes are short, each is expected to be completed within 2-3 days. First assay results are anticipated in early May, 2015.

:)

must be something causing the rise

:))

:)

very positive

yes agree, the price usually moves in 0.05 increments so can cause a large % increase

:)

at 1.4 only left at mo

441K shares bought

only one sell!

First assay results are anticipated in early May, 2015. Kalimantan Gold Corporation Limited ("KLG" or the "Company") is pleased to announce that it has now received the key Indonesian Government permit required to immediately commence its planned 2015 work program at the exciting Beruang Kanan ("BK") copper project located on the Company's 100% owned KSK Contract of Work in Central Kalimantan, Indonesia ("COW"). The Capital Investment Coordinating Board ("BKPM") in consultation with the Ministry of Environment and Forestry ("MEF") and the Ministry of Energy and Mineral Resources ("MEMR") formally issued the Company with a forestry permit ("IPPKH") renewal on April 23, 2015. The permit, received by the Company on May 1, 2015, is valid for a period of two years and authorizes the company to carry out both surface and drilling activities over permitted areas of the COW. On April 23, 2015 the COW also entered the fifth year of the Exploration Period, being the date that the forestry permit ("IPPKH") was officially renewed. Initial drilling at the BK Main Resource aims to extend and upgrade confidence of the near surface higher grade copper mineralization intersected in earlier programs. Field preparations including re-establishment of pre-existing roads, access trails and camp facilities have advanced quickly. Initial drilling is planned on sites prepared previously (2012-13) using two drill rigs which have been stored at the BK project camp. Drilling is underway and as planned drill holes are short, each is expected to be completed within 2-3 days. KLG is planning to rapidly advance the BK Main deposit through to scoping study stage over the course of 2015. An extensive program of resource infill and expansion drilling, metallurgical test work and mining studies is planned, subject to positive results and the availability of ongoing funding. Several nearby prospects, Beruang Kanan South "BKS", Beruang Kanan West "BKW" and Beruang Kanan Polymetallic "BKZ" have potential for additional mineralization and will be scout drill tested. The Beruang Kanan Project ⦁ Initial Inferred Mineral Resource of 47 million tonnes averaging 0.6% Cu or 621,700,000 pounds of copper (reporting cut 0.2% Cu) including 12 million tonnes averaging 1% copper (reporting cut 0.7% Cu) (see September 26, 2014 press release). ⦁ Mineral Resource estimate is for the BK Main deposit only and is based on assays from 74 diamond drill core holes drilled between 1998 - 2007 and 2012 - 2013. ⦁ The Mineral Resource is contained predominately within a shallow dipping deposit that extends from near surface to a depth of approximately 120 meters over an area of 1100m (N-S) by 950m (E-W) and remains open in several directions. The near surface nature and geometry of the deposit is expected to be highly favorable for shallow open pi

The Company began the current fiscal year with $973,464 in cash. Operating activities used $936,517 in cash; investing activities used $12,885; financing activities had no cash effects in the year; and recorded $6,320 of unrealized foreign exchange gain on cash balances, to end the year with $30,382 in cash. The Company will require additional financing, through various means including but not limited to equity financing, for continued operations and for the substantial capital expenditures required to achieve planned principal operations. The Company plans to raise additional financial resources through equity financings during the next twelve months. While the Company has been successful in the past in obtaining financing, there is no assurance that it will be able to obtain adequate financing in the future or that such financing will be on terms acceptable to the Company. These factors indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.

only 5 MM's control this stock and 1.55p now showing on book!

:)

and one MM jumped to 1.55p

to find a nomad.

The MM's will decide based on supply and demand. But await a nomad first the clocks ticking