TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Re: valuation
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Sep 19, 2008 08:51AM

Great thinking Coach. There is, IMO, a small flaw in this valuation. KXL does not stop drilling and is using up the cash on hand. So if the stock is fully valuated at the moment at about $ 1.00 and there is no upward momentum, the price will come down in proportion of the cash used.

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