Welcome Castman!

My take on your questions. First, KXL isn't really going after a 43-101 right now, concentrating on drilling the best targets to see what is where. I am guessing a 43-101 would be done on a portion, as I think it needs to be detailed, and with a landholding the size of PEI, would be rather expensive!

The estimates we get is 2-3 yrs of cash. Cash burn has been a bit high this year, but should ease off a bit. Personally, I am thinking it will be the shorter of the range.

Production. Who knows? Also, KXL isn't looking to be a producer, though that could change and some here have voiced that they think it should take it to production.

Devil's advocate. Hmmm. While we have hit gold just about everywhere, not huge grades or widths. Personally, that is the only negative I see, and as I stated, we have been finding the stuff, just not the #'s that gets a mine started. (should add I am no geologist or mining expert!). Some have been unhappy with infrequent NR's. The good points: I think we have excellent management, cash in the bank to ride out this bad economic time (when costs should decrease, making the cash go farther), and good property that we keep finding gold on. Oh, and if you buy in here, your average cost will be lower than most who post here, as well as management!

Cheers, and I hope you make a bizzilion dollars on KXL this yr!