We are all waiting for drilling results and in this market what we are waiting for better blow the doors off everything else on the market..
Here is an example of a company I own that was halted ,pending news this morning...It was a .10 stock...The grades and depth is pretty good..7.5 grams over 4.5 meters..
here is the NR..
Jul 07, 2008 11:21 ET
Slam Discovers More Gold
MIRAMICHI, NEW BRUNSWICK--(Marketwire - July 7, 2008) - SLAM Exploration Ltd. (TSX VENTURE:SXL) ("SLAM") announces more gold intercepts from the latest 3 holes of a 6 hole drilling program at its wholly owned Reserve Creek property located east of the former gold mining town of Pickle Lake, Ontario. Gold bearing intercepts are reported from all 3 holes with visible gold in RS0812. The most significant assays are from RS0810 with 0.217 oz/t (7.485 g/t) over 4.58 metres including 0.489 oz/t (16.753 g/t) gold over 0.73 metres. These grades are consistent with initial results reported on 19 June 2008.
This is not a top pick or a pump,but an example of what could happen to us if the NR we are waiting on is not spectacular..
It is trading again and it is still a dime..on zip volume..and the low for the year is .095...
Now by no means am I comparing KXL to SLX,but using the NR to illustrate that we have to be good to be moving..up...