Hello Folks,

Like some of you Long Suffering, I'm still here.

Looks like KXL's share price is back to pre-Caribou days.

The Caribou emerged from winter sleep in Spring 2006, found no lichens, saw it's shadow and dove for cover. Hopes were dashed. In the Fall of 2008 our friend Hercules flexed his golden muscles. Shaven bare and greased up for all to see - he looked good on paper. But then Justice Dubin reached out from his grave and took back Hercules gold. As with Ben in '88, this play was pumped up to more than it truly was.

So here we sit in the Summer of 2010. It is time for another KXL miracle. The Third Coming will arise from the Boreal Morass. Praise be - Jebis will save us. Fortunes will be made. Sheep will be shorn. And some Greenhorn will pray for a share price north of 2 bucks.

Be wary KXLers. The next great promoter is afoot. His exaltations of Mines Point will sound familiar. Use caution when the word Musselwhite is bandied about - it is trick. This evil shape-shifter may even have the guile to use hypnotic incantations:

"We believe Mines Point to have similar depth and geology to those formations found a few kilometres south in the vicinity of SanGold".

Oh the Trickster. He of firm handshake and toothy grin. As one hand shakes yours, the other checks your pockets. Yes my KXL friends - Be wary of the KXL Promoter!

Sorry about that. Once bitten - Twice shy. Twice bitten - shoot the dog!

I'm going to wait for the 3rd coming and sell half my position if the share price can break $2.05. At least I will have gotten some of my money back. May even dump the whole thing. My faith in Kodiak Exploration has been severely shaken. With the cleverly worded news releases (complete with spelling errors and incorrect information), revolving corporate door and too many projects to adequately explore, this company has lost it's way. And lets not forget that amazing comparison of Hercules to Red Lake!

Well that's all I've got. Enjoy the summer and keep your powder ready for the autumn buying opportunities in the energy sector.

KG