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

To: Claude Cormier who wrote (103119)	1/12/2008 11:59:03 AM
From: 3bar	Read Replies (2) \| Respond to of 313013

Timmons an Archean shear zone fracture system had 14 mines with over 1 mill oz . One had 15 mill , was it the Dome ? One for certain went to 5000 ft deep . If KXL.v caught most of another system it could be a huge winner . The huge insider purchase by Richardson about 1 1/2 mill shares tells me they know more than we do . jack

To: Claude Cormier who wrote (103119)	1/12/2008 1:02:26 PM
From: ogi	Respond to of 313013

Quite right, KXL has obvious and big potential. However KXL's style of deposit is much harder to drill off, chasing down a vein 200 m below surface that is 1-6 m wide means it is difficult to illustrate more than a small portion of the deposit at a time. So, building ozs is difficult, expensive and time consuming. With a good grade bulk tonnage like CPQ defining a meaningful resource is much faster. Though KXL has very high grades the appeal of CPQ is far more tonnage, and the definition of ozs faster and cheaper. Will not take my eyes off KXL, though. Regards, Ogi