PaulTiger,

Thank you for your input.

In context to the alternative financing the following alternative may be considered.

KXL made a prudent move by raising money when they did and for the price they did. Share dilution is minimal and there were no warrants attatched. It really doesn't get much better than that. They now have almost 4 times as much available for exploration than East Asia's deal and KXL's management should be congratulated.

East Asia Minerals property sale to Areva was an exception. The deal was an unprecedented purchase of 83 million dollars for unproven property from a junior company. East Asia kept about 15 million of this sale for exploration.

Rather than hoping KXL will spend its new found money on other projects in the hope of finding something eventually, and then hoping for a buyer to purchase it etc to provide financing, if its needed at that time, ....perhaps KXL could joint venture out excess properties now and allow others to incurr the expense while KXL reaps a significant % of the possible rewards at no cost. Meanwhile KXL tends to the golden nest egg with its new found money.

Should they go this route there is a high  probabaility that present financing will  take them to a buyout .