Timmins & Beardmore - Northern Ontario

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Message: Re: Well Rico

Jul 23, 2008 10:28AM

Re: Well Rico

posted on Jul 23, 2008 10:49AM

My largest holding by far is kxl.I have big hopes for it.When I spoke to Mike yesterday ( a very nice fellow if you haven't spoken to him ) we both agreed that sgx is tied to what they drill up and also to what kxl drills up . Kxl is less tied to what sgx does. At this point Mike said that kxl is the real deal and should have a great nr.

I think that there may be more leverage with sgx right now as a good kxl nr followed by some of our own could easily cause the sp to double or more. Remember that it wasn't long ago that sgx was over .50 .At the current sp it is easier to buy sgx but if you are thinking long term you have to believe that kxl is the best bet at this point. When we get to Sept-Oct I think that both will be much higher.

Hi Mike . I know you read these posts,so thanks again for your time and feedback.We'll talk again. Rico

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