Hercules NI 43-101 was a huge disappointment that took most of KXLs time and money to produce over the past 3 years. HUGE DISAPPOINTMENT and share price reflecting it each and every day.

In the absence of great results from either Milestone or West Millenium or dare I say Hercules (West Geraldton already revealed as a dud BTW despite its "potential") the only thing KXL has going for it is CASH.

They need do do something BIG with this cash otherwise KXL is nothing more than a junior explorer hoping to hit something... and so far they have not. They have spent LOTS of money but basically hit nothing as far as the market is concerned... and isn't that really all that matters?

IMO KXL needs to re-invent itself BIGTIME... if they don't how long will it take the market to not associate (i.e. sentiment) KXL with the disappointments of the past? Given past over promotion and recent NI 43-101... a very long time IMO. They could release stellar results tomorrow and price could go nowhere... Why?... IMO KXL name/company is 'tainted' with disappointment and market does not have a short memory.

P.S. pre-bids at yet another new 52-week low of 25 cents... Barf.

red911