Re: Gold hits $1065

TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

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red911

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Re: Gold hits $1065

in response to

Re: Gold hits $1065

woozlecat

posted on Oct 22, 2009 11:31AM

but we need the "big hit"...

Basically all comes down to this... very simple... I am also confident this will happen eventually... there is too much gold there on the surface for there not to be a deposit there somewhere... one very positive thing KXL does have going for it is its share structure... KXL is so tightly held by insiders, funds and institutions that when the "big hit" does come it could easily send share price x3 or x4 from current levels... that would still only bring share price and mkt value to $1.80-$2.40 and $162-$216 million... not that large for new likely multi-million oz deposit... also far from $4-$5 range of last PP... don't lose sight of upside potential here...