Re: resource estimate and IMF rumors
in response to
by
posted on
Mar 02, 2010 08:00AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
PG-t is another example of a company with a NI 43-101 due out very soon... open-pittable Au resource in BG... Hardrock... another NI 43-101 due out for deeper region of Hardrock deposit due out later in the year... they have been hitting solid holes all year and their share price reflects it. Action yesterday would seem to indicate their NI 43-101 may be more than OK... see if trend continues today.
IMO comparing KXLs performance with a company like PG is what is driving much of the frustration amongst shareholders here... KXL has done a lot (ALOT) of drilling at Hercules yet share price continues to go in the wrong direction... do I think mgmt can change this?... obviously not... but it is what it is and until they do find some thicker zones somewhere the frustration and dissension will continue... that is also part of the business.
I am hoping for the best but I am getting the feeling from some here who seem to always be 'in the know' that we are being prepared for disappointment... could be and hope I am wrong here but that is the feeling I get from reading these posts...
red911