TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Re: A work of art that chart
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Nov 21, 2007 10:56AM

Nov 21, 2007 12:54PM
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Nov 21, 2007 02:10PM
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Nov 21, 2007 02:57PM

I read your desperation, but I am not among the desperate.  Take heart, honestly.  "Courage" is based on the French and the Latin for "heart".  Coach (not that he's god, but ...) projected a drop and a consolidation, and we're getting it.  Remember, we are hardly beyond the exploration stage - very promising, but almost no depth information.  So very high volatility is normal.

Take comfort in the fact that we have nearly a month above $3.00 - that is good.  There is also, as someone  (portee44?) pointed out - very low downside volume.  So the stock is very easily pushed around.

Don't let anyone steal your shares for cheap.  The "market cap" only reflect the price at the absolute margin.  Someone selling 1,000 shares at the end of the day for 10 cents less would have us all believe that the value of KXL is magically $10million less all of a sudden.  With their measly little $3100 trade.

Goldenbear's chart shows when people paid on average over the past month.  That is more important.  People traded 20m shares or so for about $3.60 on average.

Trading is mastering your own psychology.  It's taking greed and fear by the horns and declaring who will be master.  It's buying when a good stock you really believe in goes down (not selling).  I bought today.

I am a buddhist when it comes to anxiety, including about the market.  I have lots of anxiety, from time to time.  But I train myself to see it as if it were a bird.  I just say "Oh, anxiety.  It's visiting me again.  There is that bird on the window.  Well, birds come and go."

If the stock goes down to $1.80 (which I very much doubt), I will be buying.

Don't be desperate. Do a quick count.  Do you still have the same number of arms and legs as you did yesterday?  Check.  Is the amount of gold in the ground at KXL the same as yesterday?  Check.

It's just a bird.  Admire it.  Birds come and go.


Nov 21, 2007 06:19PM
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AGORACOM
Nov 22, 2007 04:32AM
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