Re: Fear and Loathing in Agoracom...
in response to
by
posted on
May 05, 2008 04:18PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Investlots, yours is the voice of reason.
I see no need for panic right now. Perhaps some of us are just a little bit punch-drunk.
KXL is just one of the negatives in my basket. Even Goldcorp is stinging a bit. My old friend Kinross is also down in the dumps. Luckily I sold them for good money only to pour it into not good money. My really big minuses are balanced off by the really big gainers and so far I am up a bit.
My only comfort - if you can call it that - is that most of the golds are down, but they will recover.
For me it is all about patience, and I still have lots for KXL. That being said, I may have to skim the cream off the top of VISA and get some more KXL!
Someone mentioned how we can't blame the KXL price on market jitters, but I beg to differ. Even billion dollar companies are seeing letdowns in spite of billion dollar profits. As with the golds, my oil & gas stocks will also show good recovery - but probably not until mid-summer.
It is a time of upheaval. Those with weak guts had better invest in Pepto!
Take care KXLers.
CK