Dmaster,

I tend to agree with your points. For the first time in a long time I am feeling much less confident about kxl. There has been no drilling news for a long time. I think that the last 3 months of multi thousand metres of drilling has not turned up anything of significance. Lots of low grade with the odd higher grade narrow occurance. I feel that if they had hit anything major ,the would be yelling from the rafters! Yes , even in a poor economic environment. The majors may be following our story, but I'm sure they are following many stories. As share prices drop generally, the options of gold majors increase. If I were a major, I would be looking for a junior producer with good reserves that has been badly beaten up and is short on cash.

If the company is sitting on good drilling news or increased interest from a major, then they are doing their shareholders a great disservice. Who do you think has been selling their shares as low as .51 recently? Mostly small shareholders who can't hold on any longer without a reason from management to continue to hold. Me, I am still holding on. Why? Two reasons; I am very poor at knowing when to sell, and I am way underwater and don't want to solidify my paper loss. Logic tells me to lighten up here but so far my illogical side is winning.

I am not saying that there is no hope,but the company is asking alot to expect severely beaten up shareholders to simply stay the course and trust them. We all need a new reason to believe and hopefully that will be a great nr soon. Rico