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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: tcd who wrote (6831)	1/8/2009 1:11:15 PM
From: PaperPerson	Respond to of 23103

I am happy to hear that SSRI is helping your portfolio! Currently my biggest plays are warrants in Csi and Cmp, and KXL stock. all three are making a comeback. Even though it is off-topic here, KXL WAS SO CHEAP it was like a perpetual warrant. look at this chart: stockcharts.com this is a good one to buy on a DOWN day for gold. on a day like today, with gold up more than 10 bucks, the momentum players are piling into kxl. So that makes today a better day to sell it than to buy it. (This is a truism for gold stocks, in general, but true in spades for some of these specs.) fundamentally, they are drilling like crazy up there in beardmore-geraldton...they own a lot of good land in a historic mining district that has been way underexplored. they have had great drill results over the last year. last winter, kxl management convinced some big spenders to completely cash up the company at well above 3.00, before the stock came tumbling down with the market. the stock got hammered down to almost the level it was at prior to the discovery that made it take off in the fall of 2007. selling for not much more than its cash in the bank, at one point this fall! they have no debt and no warrants. there are 88.5 mm shs, and they have c$30 mm in cash as of sept. 30 report. Michael