Re: Dubai etc.
in response to
by
posted on
Oct 07, 2008 07:07AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
LB,
Bryan said at the conference on Sunday that in rough market conditions like we are now facing, all KXL can do is conitnue to get the information out there on the potential for this land package to host economic gold deposits. This includes IR constantly updating the website, revising presentation every quarter and setting up speaking engagements for Brian (i.e. Dubai). They will not alter this course because of unfavourable market forces.
I think the fact that KXL seems to be releasing large NR's that give a more coherant view of the properties and targets at once is a gift to shareholders. Small assay results of a couple holes does nothing in the market these days. People want to see the forest and not the trees before they go investing money (just look at VMS Ventures that is reporting incredible Copper %'s in the 6-20% range across nice intervals).
The next set of assays across multiple targets will be exciting and continue to shed more light on this incredible property we have. If that happens before Dubai or after, it WON'T affect the direction of the company in the Long-Term.
Personally, I'd like to see them wait as long as possible (from a legal standpoint) to release any new news. It would be such a shame to have great results washed out by this economic mess the US has put the world into.
Gold seemss to be rebounding and gaining momentum which is good for our future, so hang in there everyobdy.
And if the Sheikh's and Oil Barons of Dubai are reading this - You've got a great presentation coming your way, so be prepared to open your fat wallets...You won't be dissapointed ;)