Anyone remember that in the past 10 days coach suggested that the stock "was ahead of itself" and that a correction was due? And that he repeated the call 2-3 days before the correction? And then we got exactly the correction we needed?
Fair enough - the PP was a factor, but in my experience when the market has a move built in but it's not triggered until a "reason" is found. I bring coach's SP calls up in ref. to those a couple of weeks ago who had a hard time with anything other than pumper-style rahrah. Personally I was happy to buy again and would like more at prices under $4.
Geomagnetics - there is no set depth to which it reaches - lower things show up less, higher things more, stronger signals / stronger lack-of-signals dominate. Imagine you have a bowl of yoghurt with fridge magnets stuck all through it, and you lay iron filings on a piece of paper laid on top. Things near the top show up more etc.
True enough that the resolution is very low, but the point is to demonstrate the "fractal" (texture/structure) shape of the geology of the area and the extent to which similar geology extends across the claim properties. The yellow lines / areas of suspected mineralization are inferred, not sensed, but overall they do match up once you already have some ground truth. Evidence for that is the new vein, uncovered with the help of geomag.
The firms don't waste their money on expensive remote sensing for nothing. I have done the georeferencing with the geophysicals and they match up perfectly. Let's just say that KXL has been extremely judicious in its land acquisition.