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Gold/Mining/Energy : X-CAL RESOURCES (TSE:XCL) -- Ignore unavailable to you. Want to Upgrade?


To: Frankly Speaking who wrote (99)12/17/2000 1:15:16 PM
From: marcos  Read Replies (1) | Respond to of 225
 
Well i find it a little irritating, frankly speaking, it is making difficult my project of picking up ultra-cheap shares in tax-loss time -g-

I'm no geo, i just rely on the public info and the judgments of others as to the quality of the property and the quality of the people, both come off pretty well by all accounts.

x-cal.com - 5m ozs in the bag already, apparently ... and no one cares, the thing is trading at a market cap of 8mUS ... so let's say they nail down another 5m ozs, what would happen, would no one care twice as much? ... i suspect that in the near term that is exactly what would happen, barring a rally in the PoG, which could happen sure but you don't want to hold your breath waiting .... i really like this thing, but don't have any illusions about it being rocket stock tomorrow, just trying to build up a long-term position by trading the swings, gave up on sub-.25s this month and have been adding a few higher, i'll keep lowball bids in though just in case.

Three companies i always think of together - bay, mfl, and xcl ... lots of similarities, front and centre being how cheap they are for what they have in hand ... crj could be added to the list, they had great news out after friday's close, but just watch, i betcha the stock sells off ... also aur, it's in copper and a producer, but in the same position in that it doesn't get the respect it merits imho ... there are so many others, i just don't know what it will take to end this phenomenon ... for much of the day on friday, my 1k bid at 1.40 and 2k bid at 1.30 were all that was holding bay.to above 1.20 bid ... that's absurd, just like xcl at .20US.

It would be good to attract some geological expertise over here, eh ... a Claude Cormier, an EC ... best thing is to get EC battling some jerkoff over errors in fact, lot of detail gets brought out that way, and no little attention -g- ... cheers