posted on
Oct 27, 2007 08:10PM
TODAY'S DISCOVERY, TOMORROW'S FUTURE
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Message: Money can......
Well gang, I will banish myself to the penalty box for a few days, as I fly out early tomorrow morning to Reno and will probably not be able to get online much. I understand the sensitivity that some people have to what they perceive as bashing, and I take on bashers myself quite frequently. However, I do not consider my post to be fear mongering, or bashing for that matter. It was just an opinion, and we are all entitled to express them here. I took the time to post my reasons for my outlook as I always do.
For the record:
I have sold just a small part of my PF after holding for more than a year, so I hope KXL goes to $10 without correcting. I would be very happy.
I have stink bids in place to buy more shares if I am correct in my short term outlook.
I am frequently wrong in my short term calls.
I expect KXL to trade much higher nonetheless, but I also accept that volatility is a fact of life even with the best juniors. I try to profit from that by selling a small part of my holdings on spikes, and buying dips. Ultimately, it is the people like myself who support a stock on a correction when all the bananaheads are panicking.
I have no agenda to promote any other point of view than what I believe, and I put my money where my mouth is.
I think I have called it pretty close to correct, because I have received emails from traders who think I am being way too conservative for only calling for a dip back down to the $3 range. The longs are pissed because they cannot deal with any form of correction. And the traders are pissed because they think I am a pumper and that a real correction will be far more severe. The market should let us know shortly...
Anyone on this BB is more than welcome to question any comment I submit, and to disagree on point that I discuss. Just do it with the same common degree of respect that would characterize any civil discussion.
Its only money...
mike
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