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This is a Strong Technical performance. There is little or no resistance. There is news pending drill assays , getting close. Could be a monster move in the making, if it awakens on Big Drill intercepts. I think KXL is a very good speculative prospect long term. Millions of ounces of gold I expect over lots of time to be proven up. Kodiak could and has potential to produce over 10 of millions ounces of gold at good to bonaza grades!

It's the only speculative explorer I kept! I have nothing but producers are proven resource companies about to mine or sale.

http://stockcharts.com/charts/gallery.html?KXL.V

As gold bows up, KXl could take off! we have seen it before in juniors like this one. The 50dma just went above the 200dma. Bullish move. I know some of you are disappointed in KXL. It is very long term speculative prospect. Has high hopes among institutional holders, Canadian banks among them.

20 Day Avg Vol 139,080

150 Day Avg Vol 192,688


price gain volume
0.71 +0.06 +9.23% VOLUME 266,225

As we see , volume was way above both 20 dma and 150 dma. 2 drills going at Hercules. Looking for results soon.

I will keep these shares always. Cheers
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