Re: Uranium?...
in response to
by
posted on
Apr 14, 2010 08:51AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Hi All...
Back at home base for a few days..
Checking in...
Too bad to see MZ off the barge...
It used to be "The good ship KXL"..
But for now..it has been re-christened a Barge,...
BUT.....although I was disappointed that my euphoric GUESS of 2.25-2.5 million Ounce in the ground was not hit on the primary 43-101 estimate at $1000.00/ounce,for every 100,000 ounces ,that is $100 million dollars US..!!and that is enough to start a base deposit..
That is only the Golden mile...!!!!!!!!!
Now if we strike 100,000 ounces in another close location...bingo..!!! another $100,000,000.00 US...
Now it is $200,000,000.00..US..
And then we drill up another 100,000 ounces in another close location.....another $100 million US.....
So I think the base is there..
We still have the No-Tell-Mo-tel..and all the land claims and that whole area is riddled with gold ..!!
So we keep finding the shiny stuff ..and when the time is right ..we either sell it or mine it..a mill would be located in the middle of all our finds and truck would bring the ore to the mill..
Or we would be bought out...
Our gold division anyway..
Nice to see the Drills turning on the U3O8...
Anyway all though I had to drowned my sorrows in a half gallon of Ripple..I'm over it and going to stay right here..
With exploration companies ,the luck can turn up in a flash..
I don't need my KXL investment money right now so I will let it ride..
With 100,000 shares of KXL ..for every penny the share price moves up or down..that is $1000.00!!
And the up side is a hell of a lot more than the down side..even considering my original investment..so I'm staying..I guess me and Ol'Cedartree will be here til the last dog is hung..
Will be watching, although off to the Maritimes for a week of visiting next week..
Stay cool..
Portee