Kingsgate attracts selling

KINGSGATE Consolidated chairman Ross Smyth-Kirk is bewildered by the recent sell-down of the Thailand gold miner, with shares in the company more or less falling off the edge of a cliff since the start of the month.

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Shares that were fetching A61c at the start of December hit a low of 34c Thursday, with Smyth-Kirk claiming there was “nothing” about Kingsgate that the market wasn’t aware of.