UK 19:44 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Kalimantan Gold (KLG) has been a perennial jam tomorrow POS stock on the AIM Casino. Directors fees all round. Advisors fees all round. Placing after placing after frigging placing as it hypes up one target, raises cash, moves the goalposts and them raises cash again. All the time it is private investors who get screwed. Let me tell you about the placing it failed to do earlier this week.
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Comments
John Zacchaeus the Tax Collector
Old news. Was surprised it went up 800% though. ludicrous. They have been spouting the same crap for years yet this past week it goes up 800%. wtf?!
Tom Winnifrith
With respect JZ – I would say KLG has spouted DIFFERENT crap for years. One year it is gold, then it is copper then it is gold the it is a different copper play…you lose track
T
paul
purchased some of this stock, must have been when i was drunk. never dumped them, don’t know why? then comes the most unexpected piece of luck, they went up to 5p. couldn’t sell them quick enough!! i know they went higher, but i’m not greedy, just glad I was rid of this pile of shite, and with a profit. sometimes you get lucky!!
sorry to all those who went in at 8p painful lesson on aim stocks.
John ☠ The Tax Collector ☠ Zacchaeus
just dump it and short sell it.