Re: One/Two Punch

TODAY'S DISCOVERY, TOMORROW'S FUTURE

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SamMenard

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Re: One/Two Punch

posted on Mar 07, 2010 10:54AM

Previously the NRs have started with the best and ended with the worst. I just say this so that anyone who trades as I do will make sure they have a stop loss set in case the next NRs do disappoint. If you are here for the long haul (regardless of value) then you may wish to free up some cash so you can average down.

I'm usually bullish on KXL, but I think that if management thought that the pending Ni 43-101 was going to make a positive impact on the sp, then they would have released it pre-PDAC. If they had released it prior to the PDAC, and the results were mediocre, then it would be difficlult to generate interest in the company at the show. Plus, they may have taken flak from investors at the presentations.

I'm not saying that the Ni-43-101 is going to stink, but the markets don't seem to care for anything less than stellar.