As usual,there is lots of banter,pro and con on news from Kodiak..
But the long and the short of it is,.. if it is there we will eventually find it..
"It" being the mother load..
In the mean time,every drill hole is expanding our resource..some dry holes give us the boundary's,so are also of importance..
We know that the Golden Mile has enough gold in it to be economical to mine,but at last notice ,we are not miners..we are explorers,so have to find a decent deposit to sell...
We are required to do some exploratory drilling on other area's to see if the properties are worth keeping ,as management must decided which properties to keep and which to let go when the leases are up for renewal,so stop whining about "ALL the drills concentrating on the Golden Mile..it can't happen..until we know which properties have something in them to renew the leases on..which will then require future drilling..
I have been in KXL for years and have never sold a share and don't intend too until I can take a decent profit...
At least $5.00 /share.
With gold in the tank today it is very possible the company will release news..they have a past history of releasing news when the market is in the tank and our share price follows it...
No release today please...
Portee
