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September 19, 2006
Reporting on Khan, Tues., Sept. 19, 2006, 6:43 AM
A legit research report published yesterday on Khan Resources (TSX: KRI) has set the 12-month price target about +62 pct higher. Download Northern Securities Research Report on Khan Resources.
There are so many phony research reports (ie, pure promotions) cluttering our mailboxes today, that I need to tell those of you who don't know Canada's Northern Securities that it is a small boutique that specializes in financing junior companies. The people in the company are solid, so I would have no doubts whatsoever in the quality of their research.
Yesterday, Northern Securities started coverage on Khan Resources with a strong Buy rating. They like Khan's people, property and financing.
I think Khan is the real deal, and we got to it at close to its IPO price. I like uranium, but I'm sure there will be enough doubts about Mongolia to hold this stock in check. Country risk will definitely be an on-going issue here.
Posted by Posted by Bill Cara on September 19, 2006 06:43:25 AM | Category: 15 Materials
Discourse
C.Note
take heart they may need some of that water pumped to douse this fire :-)
Posted by: gwuk ![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
September 19, 2006 8:04 PM [link]
For those of you who may trade on Fidelity, I found using KRI.TO on Active Trader Pro gives you live streaming and quoted in CA$.
I've tip toed into this speculative buy. Now for the pumping .. i.e. pumping all the water out of the existing mine so we can start production ;)
Posted by: C.Note![[TypeKey Profile Page]](http://www.billcara.com/nav-commenters.gif)
at
September 19, 2006 10:40 AM [link]