Re: Buying again today...- REPLY TO SAME
in response to
by
posted on
Mar 19, 2008 05:20PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Bear with me folks - I'm new to this speculative stuff (and KXL).
I spent 15 years working in the bush around Geraldton and Beardmore, and there was always lots of exploration activity. The place has a 70 year history of gold mining. We always knew there was gold in the ground, but it was deep and scattered. The big companies walked away and then we watched as tailings ponds were rehabed into a golf course. By the way, the back 9 can be challenging and ball costly. So here is my question:
What kind of drill results will make the Hercules property a viable mining opportunity?
I realize this is can be a long term project and do not expect instant gratification. KXL represents about 8% of my portfolio and is a gamble. How have you guys done with companies like this?
ps. Great posts - some are too funny!
CK