TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Will KXL do an acquisition?

IMO they NEED to do something other than what they have been doing for some years now...

Unless they find something truly extraordinary... which is possible but highly unlikely... and I don't mean just better than average because the market doesn't give a hoot about even great results... junior explorers with no production (i.e. cash flow) or prospect of future production are going to face a difficult time in the months ahead IMO... sure KXL has some cash but that can be spent pretty quick... with share count already above 100M where does that leave us if nothign is found by this time next year and most of the money has disappeared?... Don't even want to think about it.

red911

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Jul 06, 2010 04:52PM

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