Thanks for the excellent comment explorationguy - quite accurate too - the widths reported by KXL are completely typical for this type of deposit. What you give up by having 1-2m widths, you gain with the ridiculously long strike, and great depth.

The richer parts of the GM (the stuff discovered early on) are quite attractive to mine as-is and the bulk sample 2010 Summer and Fall (and pouring gold from that) will solidify the perception that our main deposit is worthwhile. I believe ONT's Brookbank desposit to be significantly lesser than ours - but they've had the advantage of a longstanding 43-101. It was a somewhat sketchy one (the cutoff grades were very low) but they've added to it and that is good optics. Their management had also been very significantly upgraded.

We're not getting a lot of respect. The time sequence of what has come out, the very long times between NR's (e.g. Portee's observation of 5 months - too darn long - that just doesn't work), and the very unfortunate timing w.r.t. the general market crashes, plus who knows what else - people here will have more ideas - all those things have made us more than a bit unlucky.

Our grades are good, and the quality of work has been excellent - extremely professional. It was probably a curse that we had such wonderful grades in the early holes near the surface - we just can't equal them, and it would be ridiculous to expect to. If we had somehow been able to announce our results in the reverse order, giving the general drill results (which are good and are mineable) and then moving up to the surface (which results were great), we'd be the market darling, even if the total set of results after everything is said and done are identical.

The West Geraldton results did cheer me up, even though at first blush it disappointed everyone including me. I think we all had the GM and deep holes on the brain, and this last "interim" NR came out of left field a bit. Now that I've calmed down, I remember that 82.5 gpt is actually excellent. I looked at the geomagnetic map provided on the KXL site now, and I get it that the WG deposits are like steak marbling - repeating and repeating diamond-shaped slices of gold ore. A great deal more gold clearly suggested there. Previous mines in that area (e.g. Cockshutt, Little Longlac, Magnet, Dikdik, etc.) were based on the same steak-marbling geology, but back then they had no geophysics and couldn't see the repeating pattern - each mine was a one-off.

I don't know entirely how to improve our optics. Splitting up the press releases would really help (Michael Petterson, KXL IR, you're reading this, correct? thanks! :) ). Managing public perception is extremely important - it's a huge factor. The general markets are probably headed for a sequence of tough corrections - they have a very long row to hoe - but the commodity area is picking up, and I hope to heck that lifts us. PG, RMK and ONT were all in the doldrums at one time too - it can be hard to remember that.

All that, and a big thanks to all the schlongs who have hung in here - it would be pretty lonely and hard to figure things out being a KXL investor without this board.