Timmins & Beardmore - Northern Ontario

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Message: Re: KXL MD&A... etc.- red911
6
May 31, 2008 03:07PM

Re: KXL MD&A... etc.- red911

posted on Jun 01, 2008 09:11AM

longbomb:

I did not realize 'Goldm 2' was in fact not on SGX Jacobus claim. Thanks for the nice claim-road map overlay. Great job.

Maybe SGX has allowed KXL to use their road to access and 'Goldm 2' (the far NW region of GM) is where KXL is currently stripping and sampling and/or drilling and have found GM extension? 'Goldm 1' could be where SGX is currently stripping and sampling? IMO does look like some sort of partnership going on given these 2 locations are on 2 different companies claims. Tons of exciting possibilities IMO until we find out for sure... which we will soon.

The excerpt I quoted from KXL MD&A in my last post implies KXL has drilled further NW without stripping. This is great news as it indicates KXL is absolutely positive the veins head in that direction... they don't feel they need to strip anymore... they are just drilling... likely following mag maps and surface showings. Maybe also re-assured by SGX findings!?... Possible... But we are not sure... yet!

I can't wait to see next map released of this area... and all additional quartz veins found labelled "Quartz 2", "Quartz 3", "Quartz 4, 5 6?!" w/ associated channel sample results?! Like I have said IMO the writing is on the wall... I don't think SGX would be speaking as they have been re: SE Jacobus - GM extension and announcing drilling unless they have actually found something. Does not make sense to do so if they have not found something IMO... then they would be quiet about the subject... not using words like "convinced".

P.S. I absolutely love all your visuals. I agree with some here that at this moment in time SGX is a little short on visuals compared to KXL, but I do think this will change in due course. In the meantime your visuals (claim maps, drill maps, funny shots, etc.) are more than adequate to satisfy our desire to see 'how things look'. Please keep it up and thank you.

red911

P.P.S... This is just my opinion and kinda off-topic... again don't expect everyone to agree but that's O.K... but I am starting to seriously believe (mainly because of the very strange trading patterns of KXL and SGX as of late) that 'someone' is keeping the share prices of SGX and KXL to a 10:1 KXL: SGX share price ratio. KXL is so tightly held and SGX has such a large float that this woud not be hard to do. Maybe merger closer than most may think? Both companies would fit together perfectly... think of land holdings then. Wow. Would you give up each of your SGX shares for 1/10th of a KXL share? I think I would given massive upside potential of combined company... would only involve KXL issuing ~15 million shares... would likely almost immediately return to $4-5+ range. I was a part of s similar merger a fewyears ago betwen Exall+Southern Star=Gold Eagle Mines... was VERY beneficial for shareholders of both companies... Exall found extension of Southern Star discovery and they merged. Just some food for thought on a Sunday afternoon.

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