TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: For Gerdon

Gold exploration stocks and Winter

in response to by
posted on Feb 06, 2008 11:35AM

We might as well all be calm.

Pardon me if I share about 6 time my 2 cents, but I don't get near internet often just now so I'll take the opportunity, and maybe build on other good words by other posters.

I failed to follow my own rule - not holding gold exploration over the Winter - but here we are, no point selling at a low, and Spring will come guaranteed.

In my experience gold exploration stocks are extremely cyclical with the seasons, and my hopefull experience-ignoring theory that KXL is an exception seems to be wrong. Drilling slows down in the Winter for most gold plays, results slow down and this is amplified with the Winter mood.

January is over and soon March will come too. Just let it be. What's under the surface hasn't changed, and with three drills turning KXL will likely save up some results for a release a couple or three weeks from now, something to smile about. If there are more drills later then fine but I'm not counting on it and we will be ok either way.

Sleeping Giant is a big deal and will be important in the future.

It does seems that our bravado about the dumb shorts was just that, a bit much chutzpah on our part. So the shorts were not so foolish after all. But they are covering now, and even then our shorts data is always behind the curve. Let them have their profit, let them cover, its good for us.

Nobody wanted to bite on this board some weeks ago about the sickness of the US economy, and of course that story is true. But the markets will vary. With good new KXL will still do what we'd prefer it to do.

So hold tight and do your Winter thing. I'm writing this from steamy Brazil, but it's rain and more rain here, so same idea.

KXL management is still on the job, and they are as we know a savvy bunch. They care about their shares bought at $4 too.

Just be calm and be happy to be alive. And you will be even happier later. all best to all of you ; cedartree

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