Here is the announcement that started KXL off on its career as a high-grade gold exploration play, followed by a set of weekly closes for this stock since then.

The date on that initial announcement was Oct. 1, 2007, almost exactly one year ago.

We should be asking ourselves, critically and honestly: has this company been finding what it was looking for in the past year?

I think the answer is yes. Has it found the mother-lode yet? No, not that we know. Does it offer high-grade targets within one very well located large gold mining district that it controls? Yes.

Actually, as a gold exploration endeavor, this company is far far better off today than it was when this run took the stock from
65 cents to 1.70 in two weeks flat -- Sept. 24 to Oct. 9, 2007. Why? Just read the reports and then think about what $47 million in cash can find on that land.

Conclusion: Buy.

Oct. 1 2007 announcement

http://www.kodiakexp.com/_resources/...

Weekly prices KXL.V

Date Open High Low Close Avg Vol Adj Close*
8-Sep-08 1.55 1.55 1.34 1.38 258,100 1.38
2-Sep-08 1.64 1.77 1.42 1.51 153,700 1.51
25-Aug-08 1.42 1.96 1.38 1.88 272,200 1.88
18-Aug-08 1.49 1.51 1.22 1.37 329,900 1.37
11-Aug-08 1.86 1.86 1.30 1.46 402,600 1.46
5-Aug-08 2.05 2.24 1.65 1.84 619,200 1.84
28-Jul-08 2.10 2.69 2.08 2.40 539,300 2.40
21-Jul-08 2.02 2.25 1.91 2.03 364,100 2.03
14-Jul-08 2.24 2.27 1.72 2.00 387,300 2.00
7-Jul-08 2.35 2.40 2.17 2.18 120,200 2.18
30-Jun-08 2.47 2.63 2.33 2.39 100,100 2.39
23-Jun-08 2.58 2.74 2.43 2.51 112,100 2.51
16-Jun-08 2.44 2.75 2.37 2.64 168,200 2.64
9-Jun-08 2.61 2.88 2.40 2.44 251,100 2.44
2-Jun-08 2.25 2.72 2.22 2.61 241,900 2.61
26-May-08 2.26 2.38 2.18 2.20 131,000 2.20
20-May-08 2.41 2.41 2.19 2.29 264,600 2.29
12-May-08 2.70 2.70 2.32 2.43 210,900 2.43
5-May-08 2.22 2.75 2.11 2.67 298,100 2.67
28-Apr-08 2.34 2.36 2.14 2.20 181,100 2.20
21-Apr-08 2.51 2.56 2.16 2.31 224,300 2.31
14-Apr-08 2.49 2.65 2.35 2.48 201,800 2.48
7-Apr-08 2.66 2.98 2.32 2.57 242,800 2.57
31-Mar-08 2.40 2.72 2.07 2.66 399,200 2.66
24-Mar-08 2.31 2.63 2.27 2.37 194,500 2.37
17-Mar-08 2.60 2.60 2.00 2.44 304,800 2.44
10-Mar-08 2.67 2.70 2.48 2.60 139,700 2.60
3-Mar-08 2.91 2.95 2.47 2.66 387,600 2.66
25-Feb-08 2.94 3.33 2.90 3.02 659,600 3.02
19-Feb-08 2.45 3.10 2.38 2.90 643,300 2.90
11-Feb-08 2.54 2.54 2.30 2.38 180,600 2.38
4-Feb-08 2.80 2.90 2.34 2.51 279,000 2.51
28-Jan-08 2.98 3.00 2.65 2.70 263,500 2.70
21-Jan-08 2.64 3.19 2.04 2.90 1,121,800 2.90
14-Jan-08 4.33 4.55 2.65 2.88 1,216,200 2.88
7-Jan-08 4.41 4.55 4.06 4.33 327,900 4.33
31-Dec-07 4.68 4.75 4.38 4.41 214,600 4.41
24-Dec-07 4.54 4.68 4.46 4.68 149,200 4.68
17-Dec-07 4.41 4.54 3.95 4.48 459,400 4.48
10-Dec-07 4.80 4.85 4.41 4.53 499,300 4.53
3-Dec-07 4.17 5.04 3.80 4.75 1,341,700 4.75
26-Nov-07 3.60 4.55 3.23 4.08 915,400 4.08
19-Nov-07 3.58 3.64 3.09 3.59 571,500 3.59
12-Nov-07 3.76 3.95 3.40 3.60 497,700 3.60
5-Nov-07 4.15 4.34 3.48 3.97 852,900 3.97
29-Oct-07 3.68 4.74 3.00 4.17 2,759,600 4.17
22-Oct-07 2.75 4.08 2.02 3.66 3,947,400 3.66
15-Oct-07 1.84 3.00 1.75 2.96 1,417,900 2.96
9-Oct-07 1.30 1.88 1.29 1.70 1,806,700 1.70
1-Oct-07 0.90 1.45 0.85 1.23 2,723,500 1.23
24-Sep-07 0.76 0.76 0.62 0.65 129,300 0.65
17-Sep-07 0.57 0.80 0.54 0.74 223,900 0.74
10-Sep-07 0.51 0.57 0.49 0.56 109,000 0.56
4-Sep-07 0.52 0.52 0.44 0.50 119,600 0.50