TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Van. Presentation
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Anyone still think this is the case? i.e... see bold below... that majors are still "circling this play"?... Has KXL begun to focus and drill more elsewhere because buyout of GM is inevitable (like Virginia mines selling to Goldcorp without a defined deposit) OR because GM interest among majors has fizzled?

What do peope think is the case?... Have times changed?

red911

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Van. Presentation

posted on Jun 16, 08 07:28PM | bearlybullish

I caught the last presentation at 3 P.M. today. I believe it was Brian's third of the day and I felt for him.

Someone was questioning him on why the company was not more focused on defining a resource and Brians answer was that we need to keep in mind that a lot of their peers as well as some of the bigger players (his words) are circling this play and it is really important that they find out as fast as they can just how much they have.

Even if it is a back of the envelope guestimate ... because those interested parties are also figuring on the backs of their envelopes.

He referred to the example of Virginia mines selling to Goldcorp without a defined deposit.

I got the impression that they expect the offers to start coming even this year.

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