DD what is that? According to the rational theory of investing, the SP is fixed by all the information known, so the whole world has alreay done the DD for you. KXL is about 2.50 because thats what it is.

Will it go higher?, yes in my oppinion it will because of the following reasons:

1) It already meets 2 of my 3 criteria: grade, tonnage and location; with more drilling tonnage will also be proven.

2) The area has already produced more than 4 million ounces, that with very limited 'advanced' exploration. Remember that 1 meter od dirt covers most of the area, so old fashion exploration was a hardship, specially with no roads, etc

3) Gold price in US$ will only continue to go up, and because Canada is so linked to the US(birthdays 2 days apart?) the CAN$ will follow fairly closely the US$

4) We have the cash to 2 years without having to raise cash, so we do not have to do bad deals just to stay afloat

5) The members of this forum not only are great guys and girls but also have such a wide range of expertise and knowledge, and we are open for occasional arguments. Plus it looks like a lot of your are good at picking winners. You all rock!