"If SGX hits a mother lode you can be sure that KXL will also have similar grades on the same structure but likely at different depths."

Maybe but depends on what structure(s) SGX hits the motherlode (if at all). If they hit mother lode via gold-bearing quartz veins then obviously yes. But if they hit mother lode via gold-bearing volcanics then we could see two very different stories/historical events begin to unfold.

Don't forget SGX recently revealed they have basically uncovered 2 distinct gold-bearing structures on their property, quartz veins (like KXL) AND silicified mafic volcanic rocks. Correct me if I am wrong but there is no mention of gold-bearing volcanics in KXL discovery NRs. KXL does not seem to have secondary gold-bearing mafic volcanic structure on this property (at least as of yet on surface, but maybe they also do at depth). See excerpt from Feb. 26th SGX NR below.

I am equally long in both companies but all this recent SGX talk of gold-bearing volcanics does have me wondering if SGX has something very different in addition to something very much the same (gold-bearing quartz veins) as KXL. Only drilling will tell the story.

red911

SGX Feb 26, 2009 NR:

"Visible gold is present both within discrete quartz veins and within silicified mafic volcanic wall rocks. It is apparent that the stripped area now encompasses the contact zone between the Elmhirst intrusion and the surrounding volcanics. Quartz veins are present as multiple northwest-trending veins and as interstitial ladder veins within altered pyritic silicified volcanics. The volcanic material yielded good gold values, such as channel 176, which assayed 50.64 g/t Au (see the company's news release in Stockwatch on Jan. 26, 2009)."