It is with some bemusement that I read the daily updates on the price of gold and its presumed impact on Kodiak's SP.

The many boring hours I spent getting an economics degree tells me that the daily price changes in gold have (or should have)exactly 0% effect on them daily price movement of this stock.

There is the short term, in which case the daily fluctuations in gold prices will have some effect (I'm thinking this affects the price of Goldcorp or Barrick...actual gold producers). And then there is the long term, which means companies have picked a target price (2,3, 5 years in the future, hopefully accurate....) that they are basing their investment decisions on. Neither really have anything to do with Kodiak at this point.

The current share price has everything to do with potential and nothing to do with the day to day fluctuations in gold prices. I find it a little humorous that some folks out there seem to be basing their investment decisions on it on short term fluctuations. You are better off flipping a coin than doing that.

I have high expectations for this stock, but people will become rich when they find depth and continued high quality, whether the price of gold has increased/decreased 20% doesn't really mean a thing....

Just my 2 cents....