I saw this on theaureport.com interview and, frankly, due to the virtually nonexistent traffic here, didn't bother to post.

However, today Kimber announced drill results. Unimpressive in my view.

Now we must wait for that updated resource estimate, which still is anticipated on or before the previously announced April 30, 2012, target date. I confirmed this with a call to IR last week.

KBX is up some today as I type, but going on recent track record, it likely won't hold the gain.

On a side note, one of the biggest bulls on Kimber that I correspond with is giving up on the stock. That's either a sign a turn is near, or more grief is in my (our) future. The last time I ignored such a pronouncment from a former stock bull was Peter Grandich punting on Evolving Gold. As I recall that was at 1.20-ish. Evolving Gold now trades in the mid .20s -- no dollar in front of that. I wish I'd sold that one!

I must admit, it's giving me pause on KBX. And maybe that's a contrarian sign, too.