Hi Sinbad!

There is not much to tell you about Golden Gate.  It is a relatively small outcrop that has some interesting mineralization across a decent width.  They have sampled it but no results are available yet.  The reason I asked about it was because it is so far to the extreme edge from where the other workings are.  Why did they choose to go after this one?

I believe they discovered this zone from the mag geophiz program.  I suppose if they hit some interesting grades from the assays they will go ahead and drill it.  The upside is that this is just one of many new veins that have been outlined recently, and any one of them could turn into a major new zone.  And its lots of fun to speculate what the hell may be going on to depth, and if the zones where these veins intersect may be the real motherlode.

The close for KXL today was of interest to me.  I was all set to get filled on a buy order and then late in the session the stock reversed and traded much higher.  I think that is a good hint that something good will be announced next week.  There will be lots of great chances to sell tops and buy weakness for at least year now that the company is going forward with a major drilling program.  I am not crying any crocodile tears.  Life is good...

cheers!

mike