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Message: Current Price Justified?

Larry,

The sp hit 4.74 based on what we know now.The sp has drifted lower for a number of reasons;

-the markets have been in a general slump and all shares are dragged down

-there has been no news for a while which tends to eat away at the share price

-the talk of a worldwide slowdown due to the high price of oil and the sub prime mortgage mess in the u.s. leads to talk of a recession

-the high canadian dollar has ereased some of the upside of the higher price of gold

Given all this kxl has held up pretty well.I believe that a good nr will push the stock higher ,how much will depend on how good the news is as well as the current situation of the other points listed above.

The kxl story may take a little extra time to blossom because of the current state of world affairs but it will be a beautiful ending Rico

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