Wednesday, April 18, 2007

Update on Kimber Resources (KBX)


Comments: After failing to get back up above resistance, looks like Kimber is falling away and will likely retest at least recent lows, especially if the gold price turns south for a change. The company recently announced, among other things, that Darren Klinck, Kimber's Vice President of Corporate and Investor Relations, who put up an excellent IR front on behalf of the company, will be departing the company. Despite my anger with the company because of their shenanigans, I really wish Darren all the best. He took his job very seriously and, in my opinion, he did a great job. He timely responded at length to all of my questions about Kimber. Too bad the company has performed so poorly.

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