Re: So now where? Down at $2.12, low of $2.07.
in response to
by
posted on
Apr 01, 2008 04:37PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
At the end of the day if you are a long term investor and not a day trader, today's SP is a great ntry point. You need to consider the facts and avoid all of the emotional giration. The fact is KXL have identified over 30 Km of strike length in the Hercules area alone. This represents only .5% of the total land package( 1400 sq km)
Of the 30 km strike length in Hercules, they have exposed only 5 km of gold mineralized vein. The resource potential is signficant
Trying to decide whether to buy at $2.0 or $2.10 or$2.20 or $1.50 is not the issue. You need to understand the potential and complete your own DD on the company. the management and technical team are strong.
The SP is being impacted by the general issues relating to an economic downturn in the US and a fragile and less than stellar peformacne from the Financial institutions. Only time can regain the investment community confidence.
By the way, i do not agree the last two NR were bad, in fact they are very consistent and on track to increeasing the resource potential
Regards