Re: I do not own KXL - miss the boat but.....
posted on
Jun 24, 2008 08:51AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Rodbuster...
You have just confirmed what the Woodpecker told me two weeks ago,and I posted on the board..That the drilling results were so high that they had to redo them.,...16 times....(Maybe I'm stretching it here a little)...A 43-101 would take a more concentrated drilling program in a localized area,to define a certain deposit...
And Woody told me the drills were all over the place..so that would sort of tell us that they are "Shot gun" drilling to see what the heck is on some other sites,while some of the drilling would be concentrated in specific targets such as the golden mile ,A 43-101 on the golden mile alone may be 60,000 meters of drilling...
It is a big area ,just that one deposit..
On another note..I bought 30,000 KXL last week and I got the transaction confirmation this morning and it was interesting to see that there was no one with that many to sell and it caame in lots of
400
1000
2900
10700
100
3000
2800
4000
4600
500
Total 30,000
This tells me that it is the little guy retail that is selling and I doubt if the funds are selling with this number of transactions..
I believe that the little retail guy needs the money..getting margined out..or losing faith or getting nervous and selling or for what ever reason has to sell some Kodiak...Praise be..
I'm there mit 'da ca$h///
Old Woody is right I'll bet and we are in for a ride of our lives..