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: Quiet here today...

Sep 30, 2009 02:01PM
2
Sep 30, 2009 02:42PM

Yes, pretty dead today. We've already chewed up the news release and reports from the conference. No sense beating a dead horse in the mouth (mixed metaphor?).

This stock is, as they say in real estate, a "tired listing". We've had the great results and ensuing hype and rocketing share price, followed by the gradual decay (helped along by the financial crisis) waiting for the next big news. It's going to take more big news, not more of the same or even slightly better results, to move the sp. That means KXL either has to hit the motherlode, come up with an impressive 43-101, or announce a partnership with someone with deep pockets or maybe a sale of one of the properties (retaining some smelter royalties, of course).

Right now, this company is valued at just over $50M. Let's say they come up with a 2M oz 43-101 for the Golden Mile, sell it for $100M ($50/oz in ground), retaining 3%NSR. The cash alone would immediately double the value of the company. They'd have plenty of cash to explore and develop the next property to sell. Maybe we can start a rumor around that?

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tau
Sep 30, 2009 03:02PM

Sep 30, 2009 03:49PM
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Sep 30, 2009 04:45PM

Sep 30, 2009 05:36PM

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Sep 30, 2009 06:48PM

tau
Sep 30, 2009 07:56PM

Oct 01, 2009 08:09AM

Oct 01, 2009 12:44PM
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