good post, red. In my opinion re: geology, sgx vs. kxl: same same.

1) quartz veins and 2) "silicified mafic volcanic rocks" - KXL is in same position - our veins are located in the silicified, mafic volcanic host rock - the elmhirst greenstone intrusion. Different language, same stuff, in my opinion.

Interesting though, how the golden mile veins turn at golden pond, veer off to the north and split, crossing the boundary from kxl to sgx. The split means more veins. Whether that means more gold is yet to be proven. I am also long both stocks (and suffering badly).

sgx can only afford a tiny drill program - but I'm happy they're going after the golden extension.

Gold explorers have fallen out of fashion - and therefore the extreme low multiples. however, what goes round comes round. gold will be in fashion again.

kxl is taking their time with their next NR - and maybe that's a good thing. Camp will reopen again in a month, and drilling the one after that. The later the NR, the less time to wait until new drilling can prove something up. Thankfully kxl still has millions.

And, this year there won't be delays at the labs. Geraldton weather is getting above zero - can't wait for the breakup.