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Strategies & Market Trends : Ride the Tiger with CD

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To: Veteran98 who wrote (106964)2/29/2008 11:59:52 AM
From: ogi  Read Replies (2) of 313348
 
Sold all my KXL on the news, 4 paragraphs of Blurb before a single assay result a guaranteed sign of underwhelming results.
Was playing KXL for a high grade intercept pump, not this time I guess.

Here is the tough love from the news:

"Unlike the original shallow drill holes, which were targeted based on surface channel samples, the deeper drilling will be guided only by drill intercepts. This means multiple drill holes will be required to identify the geometry and scale of the host structure."

Future success not diminished at all BUT the fact that KXL has a difficult and extensive drill target that will require great effort to delineate the possible resource has been made more clear.

Good Luck to all!!

Ogi
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