Re: The Gold is there...
in response to
by
posted on
May 03, 2010 03:24PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
I have exchanged emails with Alibaba in the past and I think he is a legitimate investor that simply has posted his own opinion. I do not agree with him on that, but I certainly do not think he is trying to drive the stock down. In fact, I think the overall bearish sentiment around here is pretty bullish as a contrarian indicator. People are steamed that KXL has not worked out the way they hoped (so far) and I guess it makes some people happier to vent. None of us have the benefit of a crystal ball to validate our expectations.
I have an order to buy more shares back in today, not sure if it has filled yet. I will treat my buying now as if I had never heard of this company before this week. I think its a good entry level and I still have some positive expectations for the potential of this camp. The fact that I am way down on my original investment is neither here nor there, it is now a question of putting my money where I think I can earn a return going forward and to me KXL is a reasonable spec play.
Not advice, just my personal observations.
cheers!
mike