Re: So now where? Down at $2.12, low of $2.07.
in response to
by
posted on
Apr 02, 2008 03:02AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Once I heard Bill James, the CEO of former Falconbridge in the mid 80ties, say that although he was trained as a geologist he could not work as a geologist because he was not sufficient of an optimist.
To be in this business you have to be clever, smart and well trained, but you also have to be optimistic. Personally, I am convinced with what I have seen so far, that there are several gold mines waiting to be discovered on land own by KXL. Howere, finding them is not that easy and it will most likely take years. Remember, these veins are mostly vertical and they do not pan out in nice horizontal layers which would be easy to find. As an example, even now every 5 years or so, they find new orebodies in the Sudbury region, and that is after more than 100 years of drilling.
I have decided to wait this just out until we find what I am convinced of is actually there.