rory17 KXL site visit report...
posted on
Sep 24, 2008 05:04AM
Focused on becoming a near-term Gold Producer
FYI... Everybody should read rory17's KXL site visit just posted.
"Hercules- Golden Mile. It appears that this system now has the potential to be an additional 5 kilometers longer and and connects with Sages- SGX property. That means this is 8 kilometers long adding an addtional 5 kilometers.. All I can say is the potential is awesome. To see it from an airiel view is incredible. In my opinion this will be of significant interest to the 7 majors who have signed CA's with KXL. 5-10 mllion ounces ?"
Thank you very much rory17!
How anyone (individual, fund, institution, etc) can sell now with gold heading to $1000+, lots of news from both companies on its way, and Toronto conference etc. is beyond me.
red911
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Posted by: rory17 on September 24, 2008 08:49AM
In response to: Re: What to do next ? by coach247
I arrived home last night after a very long and productive day at camp KXL. The trip was done by helicpter wth multiple site visits. Brian Mahar and Bill Chornoby are 2 top notch guys and they are very excited with the our company. I will try to control my enthusiasm.
The progress that has taken place since my last trip trip in early summer is overwhelming. 8 drills
Company organization- drilling, management, property potential, confidentiality agreements with majors, employees- this is all top drawer.
Hercules- Golden Mile. It appears that this system now has the potential to be an additional 5 kilometers longer and and connects with Sages- SGX property. That means this is 8 kilometers long adding an addtional 5 kilometers.. All I can say is the potential is awesome. To see it from an airiel view is incredible. In my opinion this will be of significant interest to the 7 majors who have signed CA's with KXL. 5-10 mllion ounces ?
MAKI- I walked it and this is very exciting as well and I can say that the crew who are stripping the overburden are very excited with what they have uncovered. Seeing with your own eyes is truly believing and I saw it. This potentially runs for 140 kilometers. This news is fresh of the press.
West Geraldton- lots of potential again
Boomerang- new and very exciting, look forward to drill results.
Multiple other targets
We are in very good hands with Bill , Brian, and the rest of the KXL staff.
I will gather my notes and post again later today.
Bottom line is they control a huge district which has multiple targets, with many more to be discovered. I now believe strongly that KXL will be front and center for years to come and more importantly that the management team will produce a lot of value for the shareholders.