It's Saturday and I checked inthis morning and had a message from a board member ,very concerned about the market reaction to the NR on Friday and the fall off of the share price .....

I sat here and tried to instill some confedince in a truely shattered individual who if I were to describe him/her/it..would be an inexperienced weak hand,but trying their best to understand the game we are all playing..

After I sent it I thought that what I had written was good enough to share with the board and hopefully it would help sooth the jangled nerves of some of our younger,or more inexperienced shareholders..

So please take it for what it is worth..what you are paying for it...Nothing..It is free..

Here it is..

Your inexperience in the market and trading game shows,and that is not a bad thing...
It takes all kinds of situations to effect the share price and you are seeing one of them..I knew the market would go up on this release after I saw it in the first minute..But I can read and understand these mining releases ,having done it for the past 20 years of trading on line..
But day trading profit takers and shorts started hitting the share price at $2.65 just before the close..No one can predict or do anything about that..It happens..
You have to learn to accept the market movements if you want to be a successful trader and investor..This will come with experience..
I knew from day one that I had a real winner here and started buying at .37...
I bought also 30,000 shares at $2.70.....
I bought more as the prices fell back below $2.00..
I have between 90-100K KXL shares in 7 different accounts..
I am a long term investor...If you are in it for a quick buck..that is ok too..Take your profits and go where you can make the quickest money..That is an ok style of market play too...But that is a trader..not an investor..There is a difference..
Decide what you want to be and learn how the markets operate and then use that to your advantage....It is all about experience and a great amount of luck...like being in the right place at the right time....
But I can give you this as a written guarantee,,,,...buying ,accumulating and holding KXL will in time,make you literally tons of money..
There are mining,and prospecting people on the board that know what they are talking about..TWO that I will mention are Woozlecat and Shilohap...both old prospectors that know what they are talking about..
Listen to Coach and these two and you won't go wrong holding KXL...It may be a bumpy ride but any play like this will ALWAYS be played by every crook..shyster..short..weasel..manip... and every other kind of low life using every trick in the book to make you sell your shares...RESIST..!!!
Decide when YOU want to sell..YOUR TARGET PRICE..not theirs ..and just sit back and wait..
And one final piece of advice that I always use...
When ever I read something from the company ,I evaluate the news and if it enhances the info and company I know that it will be good for ME...MEEEEEEEE...MEEEE...It's all about ME..
Everyones situations are different..some people play with the grocery money..some people mortgage their houses...
I only use my own money (OR family money,entrusted to me),never borrow..or play on margin...never short...and try to buy low and sell high..even if I must hold the investment for 10 years..
I do tax loss sell when I can but that is a tax strategy tied in with the total picture of investing for me..So this is always about you..YOU..You must EDUCATE your self the best possible way you can so that you will be comfortable with you own investing ability...
You can not be a successful investor if you are feeding an ulcer and loosing sleep..You are in over your head..EDUCATION is the answer..How you get it is up to you...but be being involved..studying every news release and learning how to read and understand them will get you well on your way...
GOOD LUCK....