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Kalimantan Gold: Speculative Buy at 1.05p with a 4.8p target says VSA

By Staff Writer | Thursday 6 March 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Cripes that seems a tad on the ambitious side does it not? Okay VSA is a retained broker to Kalimantan (KLG) but does analyst Paul Renken really reckon that the shares, now 1.05p, are worth 4.8p. It seems he does and Renken is a sensible fellow and has today published an incredibly detailed 15 page report arguing his case.




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