News and all
in response to
by
posted on
Nov 12, 2007 09:10PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Everyone would love more news - any news is good news, and yet we have to be realistic about it.
We got spoiled in October with a huge flurry of releases - they weren't at a sustainable rate.
Historically I think I did the anaylsis a couple weeks ago and it's 20 days between releases in general.
There are some previous samples to let go, but then there's one heck of a lot of drilling and analysis. There is a significant lead time from the start (approx Nov 1 of 60 km of drilling) before any meaningful news is possible. So there's an incentive for KXL to hold back a bit.
If the new drilling makes 1st results Dec 15 (???), then I can understand releasing the previous results end of Nov, to space it out a bit.
It's possible we'll get something this week so Maher has something new to talk about in SF - dunno.
We talk about strong hands and weak hands - time to be a strong hand.
If it's any consolation, all 10 of my main holdings dropped today, including ones that are opposite bets of each other. So basically money was sucked out of the markets in general. The other area plays and junior golds tended to suffer much worse than KXL.
It'll be interesting to see what the rest of the week holds!