TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

Free
Message: Deja Vu
3
Apr 01, 2010 04:29PM
1
tau
Apr 01, 2010 04:43PM
1
Apr 01, 2010 04:52PM
3
Apr 01, 2010 05:03PM
2
Apr 01, 2010 05:52PM
3
Apr 01, 2010 06:50PM
1
tau
Apr 01, 2010 07:14PM
1
Apr 01, 2010 09:51PM
6
Apr 01, 2010 10:24PM

Apr 01, 2010 10:26PM

Apr 01, 2010 10:26PM

M
Apr 01, 2010 10:54PM

Thanks for asking, pollywog. Seems the board conversation has gone into backyard bbq mode for the Easter holiday. I am still in New York and haven't kept up sufficiently - Brian tried to return my call (thanks Brian) but my cellphone is acting up.

dorje's accusation about horizontal holes or whatever is just pure 100% unadulterated piffle and hardly worth another word. He hasn't backed it up with anything as board members have pointed out and it's just silly anyways. I have seen the drilling and core logging firsthand and KXL's work is of the highest standard. Ironic that dorje uses a spiritual name (see equivalent at http://en.wikipedia.org/wiki/Vajra) - yet the post seemed ungrounded.

Milestone - I do recall from considerable familiarity with Kinross' Fort Knox that they are mining 0.1g/t ore, so while 0.4 or 0.6g/t is not stellar, it's a start. Milestone has plenty of strike and quite near near surface. The recent holes are deeper down because ... their purpose was to test what's there deeper down, right under the previous holes. Their purpose was to test vertical extent and continuity, and they're proving vertical extent and continuity. Do I wish for higher grades like Premier's Hard Rock? For sure. But if there's enough strike, it may yet be mineable. There are definitely higher-grade veins in there - as previously noted. There isn't nearly enough data to determine an ore body, but there might be by this Fall. There is a huge additional strike, kilometers long, yet to be tested, and there is nice continuity along strike, which is a luxury we'd wish for elsewhere.

The 43-101 is late. Perhaps KXL has received it and needs to do writing about it, or even iterate it again to fit in more holes. I don't know.

West Geraldton definitely has some high grade as previously discovered and what was it - 20 or 25 km of strike? The recent results were not great but that's why they call it exploration. Try another patch further down the road. At least there's a clearly defined structure with some previous good holes in it.

West Millenium - I don't know what's up. I expect to get back to Vancouver and ask questions in a few weeks.

Overall my mood matches pretty well with the mood of the board. But the powers that be or whoever was in charge put the gold wherever they put it. If it was all easy, someone would have done it 80 years ago. Hemlo had the same kind of results for years before hitting the big one. All the recent stock options for managment, that we made noise about when issued, are underwater as their strike is 50 cents.

They are still drilling and eventually will have results for Wild Goose, Brenbar, probably another location on West Geraldton, Kaby Lake, etc. Again, I don't know any more than that as I'm out of town occupied with my own projects.

I don't know if anything I wrote helps and I am all ears for the other good posters on this board.

4
Apr 02, 2010 12:11PM

Apr 02, 2010 01:52PM
8
Apr 02, 2010 02:06PM
6
Apr 02, 2010 03:09PM
7
Apr 03, 2010 02:44AM
3
Apr 04, 2010 09:59PM

Apr 05, 2010 04:08PM
Share
New Message
Please login to post a reply