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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (100197)12/2/2007 12:31:25 AM
From: PaperPerson  Read Replies (1) | Respond to of 312908
 
Mr. Charters-- given your expertise, would appreciate your take on this other aspect of the KXL story.

KXL would have us believe they are encountering much the same type of mineralization that can be found as the basis for the Goldcorp Red Lake mine and for Hemlo mines, except maybe better because the surface veining is so explicit.

and they seem to be saying that because the few drill cores and channels share common geological signs with these well known mines, they expect to find gold down to a kilometer or even 1.5 kilometers down.

i note that KXL is saying this even though they havent drilled more than maybe 140 meters down, at the most, and most of the holes are a lot more shallow than that.

If their characterization of the likely geology is good, i want to own more.

Your take?

Thanks, Michael



To: E. Charters who wrote (100197)12/2/2007 2:58:30 PM
From: pocotrader  Read Replies (1) | Respond to of 312908
 
EC, let me get this right, your saying you think kxl may have something bigger than Aurelian? geeze just when i wasn't going to buy any more gold plays, the ones ive bought the past year have done basically ziltch.
poco