Re: News Pool...

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: News Pool...

in response to

Re: News Pool...

mzsmith

posted on Nov 10, 2009 09:59AM

mzsmith...

I don't think the plan is to do a PP anytime soon... we have already been told they have enough money now to do all planned exploration in 2010... I don't think they are banking on next single (or any single) NR to get share price into 'PP range'... re: PP soon... that may change at any time though I guess if conditions are right... re: number of drill results... KXL has been drilling continuously at Hercules and GM (more or less, sometimes with as many as 3 drills) for some 5-6 months... with no results released to date... IMO they have enough assays to release from many different properties that we could easily see regular NRs for the next 2-3 months... with more than a few surprises... well into 2010... then what happens?... NI 43-101 resource estimate... they have a plan... shareholders should start to see plan unfold soon... JMHO...