BINGO!!! Let me see if i understand this-- if i was an insider, on the board,etc.. 500,000 shares would cost me at these prices approx. $125,000. Thats not alot of money if you thought the stock was worth at least a $1.00 or it was going higher than a $1.00. Point is they don't think it is right now and/or why should they buy anything with their own money if they are getting options just for working for you without having to write a check.If gold is going higher over the next few years, why the hurry to find anything of value right now. In a few years i will have alot more options granted to me(because of a lower price) and one day we might find something. Portee may be right--there is gold in those hills, they just have to find something they can extract for a profit and its obvious they have not found it yet. So you can put KXL on a long list of other companies that are looking for something of value and have not found it yet.

This is just the cynical me. I do believe that Gold is going higher over the next few years and juniors(with something of value in the ground) will participate in that rally. Is KXL one of those juniors--i do not have a clue. If i did, i certainly would be buying the stock, especially at these prices.