Most of the stocks I follow have performed very well recently and many are double or triple their 52 week lows.However kxl remains a laggard. Why?
Last year it was discovery of the year! The co. has about $30 million in the bank! Large land package in a proven gold camp! Tightly held shares! So called excellent management! ( who's running the show ) Visible gold all over the place! Kilometers of strike length! Open in all directions including depth! Uranium in Sask! etc etc!
So here we sit on a friday morning. Gold has surged to over $975 this morning, futures are up and stock markets surging ( a rising tide lifts all boats ). Kxl is only .08 above it's 52 week low. Is it really not worth more than .57! Regardless of what I may think or any of you, the market currently says no! Will today be any different? Rico