For what it is worth here is how I think. The next NR must be good to excellent. I am certain that the private placement investors are not panicking, however, they must be a little concerned. I know the volume has dried up. This does not mean the weak hands are selling. My gut tells me this is not a short term play. Most gold reserves take 2 to 3 years to prove up.

Positively Kxl has knowledgable investors in control of the majority of shares, plenty of cash and superb management.

I do take some exception with posters like chukdog looking for instant results. Remember the huge claim being drilled here, the tremendous fear in the market for highly speculative exploration stocks, and I think this is a great buying opportunity for small cap explorers.

2008 is not the same as 1979/80 when any drill announcement was received with euphoria and a huge run up in the stock.

Investors have been burned since 2001 in stocks, they are losing 10% on real estate per year. Please tell where the dollars will come from to invest in an unproven gold exploration play.

We must be confident in KXL's resource and have patience.

Kindly,

fdrake