TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Cash vs land holdings
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Aug 17, 2010 02:04PM
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M
Aug 18, 2010 09:03AM
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tau
Aug 18, 2010 09:50AM

tau
Aug 18, 2010 07:29PM
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Aug 18, 2010 08:14PM
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Aug 18, 2010 09:07PM
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Aug 18, 2010 10:44PM
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Aug 19, 2010 03:11PM
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M
Aug 20, 2010 06:49AM
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M
Aug 20, 2010 09:45AM

Primed24, you state: "I think that KXL needs to take thier most promising property and drill the hell out of it and show us that there is economic potential"

That would be nice if we had a promising property; Hercules is about 50,000 ounces of yes possible economic stuff, while Milestone is a non-economic, deep overburden, low grade misery, IMO it is no point in spreading that misery over a larger area.

If they wanted to know if Milestone was possibly economic, they could hire a consultant to do an economic evalaution assuming various sizes of the mineralization. They can use the present known geometry as a basis, and then assume that it extends 10 times greater and then do an evaluation. Why don't they?

While they still have significant amounts of cash, find (or buy) some new and more promising targets.


M
Aug 20, 2010 11:06PM
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Aug 21, 2010 07:38AM
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Aug 21, 2010 12:54PM

Aug 21, 2010 09:00PM
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Aug 22, 2010 11:21AM
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