Portee,

Of course I agree that every gold-intersecting drill hole is good and the accumulation of results over time expands and defines the resource. By "significant", I mean worthy of a news release. If one of these holes were the first one drilled, the results would justify a NR. But after you've drilled a couple hundred holes the relative significance of each one declines. We know there's gold there. But if you looked at all of the results knowing what you already do about the resource, any one hole doesn't make much difference. You could eliminate some results from the last NR and the conclusions would have been the same.

If KXL were to release the results of each individual assay as it was received, the response to each would be ho-hum. At this point, they wait until enough assays are in hand to really make a difference (Deep Drilling Expands Gold Mineralization by 600%). My point is that they have quite a bit of discretion in deciding when they have enough results to justify a NR, and if they happen to decide they do just before a conference, that's OK by me.

Regards,

spiny