While the price rise in gold certainly hasn't hurt KXL's SP, my opinion is it's a minor factor in it's price rise.  I think the drill results and the great location (close to high quality labor, transportation etc) is the great mover, with quality management making things happen.  As well, there are 2 other properties that may add another layer to this cake.

I think another good NR would beat a 10% drop in gold.