Let's face it. A mining company typically has choices to make about the timing of releases. Some news simply demands a release. But an exploration udpate is discretionary as to timing.

So what should the timing be? When the resource market is crippled, thinking of propping up your stock? Or when the market is flying, and is therefore receptive to the latest happy buzz from a company.

I would prefer to see the management of my stock company provide its exploration updates when the market is receptive to them. I believe we are entering a receptive zone.

Here are the basic elements: The fall is traditionally kind to those who hold gold. Gold is basing for a major rally. The general U.S. stock market, coincidentally, is enjoying a relief rally, which eliminates the need for indiscriminate margin selling. The u.s. government and the fed are engaged in a bailout that promises to further erode the value of the u.s. dollar, which is the most common measure for the value of gold.

KXL meanwhile has had four to six drills at work on one huge property on which they have already exposed many kilometers of strike and on which they have already found excellent amounts of gold at depths up to 400-450 meters. This is a very young discovery, which only became known one year ago. We could be entering a very very exciting phase in this stock's life.

I do not know any inside information. I simply intuit that with assays coming in from a summer of intensive drilling on known gold land with known deep occurrences, the future will be very kind to holders of KXL.

Upcoming Events

Kodiak Exploration Limited (TSX.V:KXL) will be attending the… Toronto Resource Investment Conference October 4 -5, 2008 Metro Toronto Convention Centre South Please visit us at booth #708 Please follow this link for registration information: http://www.cambridgehouse.ca/ch_tor2... Kodiak’s Corporate presentation “Insider’s Exploration Update” Kodiak is pleased to report that Brian Maher, P.Geo., VP of Exploration will be giving a presentation on the Hercules gold property Presentation time: Sunday, October 5 at 3:00 pm Oakville Room Intercontinental Toronto Centre Brian Maher will also be presenting at the conference on Sunday, October 5 at 11:30 am in Workshop #2