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Creating value through Exploration and Development in the Sierra Madre of Mexico
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FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

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Message: Amazing coin flip result

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Re: Amazing coin flip result

posted on Jan 19, 12 02:17PM

Even though we have different methodologies, I think we share a long-term positive vision for KBX.

I love the fact that the company is proceeding with the groundwork to mining, putting into place managment with experience in same, and generally letting it be known mining is an option.

A few years back we were told consistently that mining was in no way an option for KBX, but rather it was takeover or bust. I wish some of my other juniors would take this tack. Sure, transitioning from exploration to mining is tough, but it's done all the time, usually to big rewards.

Regardless, KBX does a lot of things correctly. My personal albatross is Evolving Gold, where I've gotten it consistently wrong -- accumulating and not trading out -- and now have a considerable loss to show for my wrongheaded efforts.

KBX has given back some today in share price, but not much considering recent gains. I'm thinking I'd begin to be active acquiring at 1.10 or below. That's subject to change, of course, as events unfold.

I will reiterate, it's nice to get a thoughtful response on the this formerly active and informative forum. I've done what I can to reward your effort by recommending your post.

Good luck and I think a person holding for a period of up to two years should make out just fine buying here. It's just that there may be some tough sledding in terms of share price between then and now.

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