"Relinquishing properties, poor drill results, no news, Bill Chornobay (top promoter) gone. The market has given its verdict on KXL."

Kodiak YEAR IN REVIEW:

Oct. 23, 2008 - Uranium Readings for Otish

Jan. 22, 2009 - Hercules Results

Feb 27, 2009 - Metallurgical testing shows > 99% Gold Recovery

Apr 20, 2009 - Release Technical Assesment Report

May 8, 2009 - Bill C. retires.

May 11, 2009 - West Millenium Results

May 25, 2009 - Exploration and Drilling Resumes at Hercules

May 26, 2009 - Option to Acquire Wildgoose property

June 17, 2009 - Option Otish TO Kirrin

June 19, 2009 - Option to Acquire Mines Point (Manitoba)

July 7, 2009 - Brian Maher made President and CEO

Aug 10, 2009 - Option to Acquire McTavish property.

Sept. 14, 2009 - Release "some" results from West Geralton and Brenbar

So as I se it....

Relinquishing properties (1) - Let Otish go....BUT acquired 3 others.

Poor Drill Results (?) Up for debate, but in general results are far better than many other juniors in the same market.

Bill Chornobay (top promoter) gone - Bill's job was done. Time to focus on a plan, and put the right people in place to execute it!

no news - THIS is the MAIN reason we are where we are.
Drill Results (Jan 22, May 11 & Sept 14)
**Three news releases showing drill results in 1 year.

The Market WANTS and NEEDS MORE INFORMATION ON A REGULAR BASIS!!!