I don't forsee much of a corelation between KXL and gold until there are ounces proven up and there is talk of possible buyers. If drill results are outstanding and there will be a mine, when would the first gold bar be poured? 2012? Later? The price of gold could be $2000 or $500 then. I think the industry is kind of pricing in gold around $800 long term for planning mines etc. While we have found gold in every sample, from what Coach and others who understand what it takes to make a mine say, we don't have the tonnage yet to make it feasable to mine, so our SP will depend on those upcoming drill results.

That said, many gold Jr's (producing)aren't reacting strongly to the price. Jinshan is right where it was in early Oct, Capital Gold's average price (it jumps around a lot) is where it was in Nov. As Rico eluded to, lets hope the upcoming drill results are good, and maybe we will pass Noront and Aurelian on the way up before the creeks flow at Geraldton.