TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

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Message: tibber
1
Jul 06, 2010 02:08PM
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Jul 06, 2010 04:52PM

Jul 07, 2010 10:17AM
6
Jul 08, 2010 08:37AM

Drilling deep is expensive (maybe $400k - 500k for a 2000m hole?) and some prep work is necessary to improve chances. it definitely takes a leep of faith to drill down half a mile and hitting a dud would definitely not help any one. However, IMO, The leap of faith needs to be taken before they can't afford to do it at all. It is the best chance KXL has, given the properties they have, to create the beginnings of a meaningful deposit AND before they run out of cash.

have to agree on that ...

in the magnificient world of poker there is a time in the tournament where

if you are at minus 10 times the big blind bet you have to push all your chips in

in order to double up and survive or to die right there and now.

any other match plan are just waste of time , i don t think they have all the data to make this deep drill whit a high hit ratio but honnestly at the point where they are right now they better pin point their 7 or 8 best potential hit zone and give it a shot

its do or die but hey at 22 cents from 5.00$ we already are much closer to the die side what do we have more to lose right now?

dmaster

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