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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: marci58 who wrote (106967)	2/29/2008 1:32:12 PM
From: Veteran98	Respond to of 313620

Analysis of the News Release siliconinvestor.com Following comments were made by a well respected member "Coach247" at the other board. The real name of Coach247 is Mike, he is the same person whose article in Investor's Digest is posted on Kodiak's website. Coach 247 said: "High grade gold found at Area 51! I wonder if that is where the UFO crashed? The grades of this NR are a bit more pedestrian that we have become accustomed to with KXL, but they are certainly within the range of economic extraction. And more importantly, KXL is now beginning to outline more tonnage, which is essential in order for this company to become a more serious exploration story. High grade values will only carry you so far, and thereafter you need to demonstrate that you can define a deposit area. KXL is working to achieve that, by stepping out the drilling along strike and to depth. There is so much intensely mineralized structure on the property holdings that I believe the company will eventually outline several economic deposits, and possibly a couple with very high grades that would be extremely profitable to mine. This is a step in the right direction. And just in time for the PDAC, as I expected. I think this little comment is one of the most important statements in that NR and its near the bottom of the release so its probably overlooked by many: "Initial drilling has shown vein widths at Marino increase dramatically at depth. The discovery of these stacked veins greatly increase the width of the target zone for each structure, and Kodiak's drilling program in this area will need to be expanded accordingly..." Sorry to keep hammering the point, but it is TONNAGE that is far more important at this stage than grade. A small tonnage of very, very high grade gold is not a mine. A large tonnage of 4-10g gold is a good candidate to host a mine and will be far more likely to build value for the company. To build tonnage you need to outline large areas of wide vein widths. Get it?"