Kimber Resources

The latest news release seems to me to confirm that Kimber is going to put Monterde into production shortly and bypass pre-feasibility and feasibility studies.

The release states:

"Kimber is currently reviewing the potential to take Monterde into production with reduced capital expenditure and a focus on high grade gold and silver production"

They seem to be in the process of rehabilitating the old mine so they can take out some high grade ore for a small, low cost mill and start generating cashflow to fund future expansion of resources and production.

This cash flow would be great, because we would no longer require expensive loans from Sprott or financings and low share price.

We are definitely at the point of capitulation with the share price. I may feel like puking, but that feeling confirms that this is the time to buy.

Go Kimber!!!