Re: Board guesses for 43-101

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red911

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Re: Board guesses for 43-101

posted on Apr 13, 2010 10:42AM

Wow what a huge range of estimates.

Only question that matters to me now (that is, after 3 years of falling share price) is whether this estimate and other results will finally impress the market. So far, no dice.

The 'they are building a company' argument/rationale for sub-par results and languishing share price is starting to get old. Sooner or later every junior explorer must at least start to deliver something of value.

KXL is now 3 years into Hercules exploration. Will it pay off? IMO if it doesn't (i.e. NI 43-101 that does not impress the market... no idea what that number is)... UNLESS they bundle it with some other extraordinary news KXL will be going down into the 20's. JMHO.