Group:

The real issue in this market as in any market is how to recognize value. Every stock certificate has a certain real value, and then it has the nominal value or market value. This market value can be very different than the real value of the company.

Oftentimes, especially in markets like this one we've been having, this is the case. Kimber has a real value to me. With gold where it is right now, around $850 an ounce, Kimber has a value to me, personally, of about $18 per share. Does anyone else out there agree with me?

Obviously not enough people, because Kimber is selling at a measly 80 cents a share right now. The question is, how much do I care? The answer is: very little.

The experts might think differently than I do about Kimber's value right now, but I say let the experts go do something else and not bother me or you. My life is filled with too many experts right now as it has always been.

Experts tell me how to raise and educate my kids. Experts tell me how to coach hitting a baseball. Experts tell me how to plan healthy meals for my family. Experts tell me how to take a vacation. Experts tell me how to pray, how to drive, how to exercise... how to invest my money.

I've had it with experts. They don't have my temperament nor have they shared my experiences. They haven't seen what I've seen, and they haven't done what I've done. I hear their words, but find very little of wisdom and understanding in them. When I need common sense, they give me philosophy. When I want answers, they give me baloney. I don't want baloney, I want to make dough. And I bet you want to make dough too.

I wouldn't have taken a part in leading you here if I didn't have a pretty darned good idea what I was doing. You obviously wouldn't have followed me here if you didn't trust me. Trust me now on what I'm telling you.


Do not get too caught up in watching the price of Kimber stock in the near term. Listen to what Eric King says on the radio, "Go kick a soccer ball." Kimber's fundamentals are sound. In fact, the story is better now than it was six months ago. So, of course, the price is lower. Make sense? Welcome to the world of abnormal investor psychology and wacky non-sensical market gyrations. Welcome to the planet earth. Be at peace with this and you will achieve. Get angry at this and you will have a very, very hard time in a great many things, especially making money in this market.

Kimber is worth somewhere between $15 and $20 a share right now. I know this. You might not know this, but that is O.K. I do, and within time others will start to see it too, and they will start wanting a piece of this company.

This brief dollar rally is unsustainable. Gold will continue to rise and at a certain point the major producers will rise, then the junior producers then the junior explorers. And when the junior explorers, like Kimber go, they will go. And Kimber will most likely be one of the leaders of the pack. Stay Sane and Don't Panic! Bull