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Message: Catch 22

Catch 22

posted on Oct 15, 2007 06:09AM

From my standpoint it looks as though KXL is in a bit of a tough spot right now. They are finding major gold zones and trying to buy as much land as possible but we're starting to get recognition. I love how they slid that land acquisition into the bottom of that last NR lol.

Its funny how things change thats all. Just a month or 2 ago a new land acquisition WAS the NR and the price jumped because of it. Now they seem to be finding success with their exploration and they're trying their best to hide new purchases haha. I think thats hilarious!

Of course sneaking in the purchase is the right thing to do and I hope they buy as much land as possible before dropping the bombshell on the market. However they also want to be recognized more by the majors and because of that fact they're more than likely have a NR this week with gold results(or at least at-par results which is quite alright with me).
So what do they do? Get the lab results quickly and let everyone know what they have; or take their time over the next week or 2 and buy up more land etc.?
I think they put out the results and then get out their large stick made of money and fight off the piranha-like prospectors attempting to weasel in on the action. Then again, maybe I've watched Conspiracy Theory 1 too many times and I'm completely wrong :)

cheers.
Gamblor.

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