Life will go on and the business world will keep turning. Yesterday one of my ex-stocks ( it would have to be ex! ) Forsys Metals ( tsx-fsy ) received a takeout offer at a 55% premium. Not bad when you consider that the stock was not badly beaten up recently. Then today Kirkland Lake Gold released excellent drilling results from their Ontario property.

Much has been said as to whether KXL should release results in this environment. Well or course they should! Good news releases at this point may not only serve to stabilize the sp, but more importantly the big players ,including ones who may not have all the access to privilaged drilling results will take more notice. I do not believe that Kxl has a shortage of upcoming drilling results to release. We have the Golden Mile, Maki,Yellow brick road etc,plus Otish plus Sask uranium plus Caribou (Remember them? ) plus, plus,plus !! There should be a steady stream of news that could be released. I would agree to hold the news only if we were a 1 trick pony!

I don't like the idea of traders being able to buy at these prices only to sell for a quick profit @ $1.00 and keep the sp down. The markets WILL recover because human nature has not changed. We are just as greedy as we ever were and maybe more.When the tide turns ,it will turn fast as the greedy will not want to be left out.

Let the news roll out, there will surely be more to follow. Rico