All of this discussion points out one of the major problems with investing in KXL- We don't know enough about what is going on. Trust your gut? You almost have to. We watch the sp for the 6 months in between news releases, trying to divine when the next one is coming, whether it wil be good, bad, or indifferent. And in between NRs, the share price inevitably decays as investors become frustrated or lose interest. Why doesn't KXL simply adopt a policy of putting out a monthly NR? I'm sure they could make it worthwhile- where are the drills, why did they move one, why did they decide to focus on each area, what are the latest lab results, what's the burn rate... It would maintain interest in KXL, make their operations more transparent, and more than likely stabilize the share price- maybe at a higher level. I don't know whether the lack of NRs is due to secrecy, laziness, or a desire to save up results for "significant" NRs in which all the results are analyzed, processed, 3D modeled, folded, spindled, and mutilated. Secrecy is inexcusable at this point, as is laziness, and I see no reason why the lab results can't be released as they are received. They can still put together their analyses and models for subsequent NRs.
All said, I'm not trying to be totally negative. I think KXL has great properties. I'm just disturbed that as an investor that I don't have the information I need to evaluate how well KXL is spending their cash and whether they will be able to prove up a resource before massive dilution is required.