Not that long ago, KXL was as close to a sure thing as I have ever seen in a junior explorer. They had high grade near surface hits, which usually implies even better grades below, they had multiple targets, they were hitting gold in every hole, they had a large and ever expanding land package, and maybe most important of all, they had a large wad of cash ($50M!) to prove it up in order to sell, partner, or go it alone to production.

Now, over two years later, where are we? We've got more land, but less proven gold than anyone expected at the time, a 43-101 that doesn't have enough gold to pay for the costs of finding it, and a war chest almost depleted by willy nilly drilling despite a diluting refill. Worst of all, we are reduced to the state of pretty much every newly formed junior explorer with nothing but a bunch of moose pasture hoping to hit it big on the next hole. When the best we can come up with is a series of near delusional posts of maybe the next set of results will be the big one, or maybe the next, or the next, it's a pretty sad state of affairs.

Sorry if this offends anyone. If you are offended, though, maybe you should direct your attention more towards KXL management.