Re: Kxl strategy - It is really simple
in response to
by
posted on
Oct 20, 2008 05:09AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
The strategy is simple. While trimming expenses modestly, prepare Golden Mile-Hercules for sale by going deeper and deeper to prove up the gold they now figure lies at depth based on angles of the many existing surface veins.
Meanwhile, poke lots of more shallow holes elsewhere on what is really a vast property with great potential, to find another "discovery" they can get psyched over, so that when they sell Hercules, they still have something really good to work on.
I have concluded, mostly from things I read here and comparing them to Maher's presentations, that KXL has already found No. 2 Discovery. Not a target, a discovery!
It is along the south side of the property and it is gold hosted in banded iron formations. Referred to as Maki Midas. Notice how the name got more grandiose in Toronto this October?
Michael