Right! Virginia's Eleonore gold field in Quebec province, which now belongs to Goldcorp with a royalty to Virginia, is a good analogy to Hercules.

Hercules is where Eleonore was roughly six to nine months prior to when Virginia decided that they had received the offer they could not refuse.

There are some stocks that merit setting aside a trading mentality, or at least keeping the trading to a minimum, and this, like Virginia, is one of them.

With Virginia as here, there are going to be times when it feels like nothing much is happening. That is deceptive and it makes you feel like selling for the small profit. Sometimes that can be good, but here, it could deprive you of the kind of killing you will be able to brag about to your grandchildren.

Two distinctions worth mentioning:

*Gold was much cheaper then than now.

* Hercules is probably richer and bigger than Eleonore.

* In this case, Hercules is one delicacy on a constantly growing menu of drilling opportunities in a large contiguous gold mining district controlled largely by our company.

Conclusion: We will look back at these times and marvel that we were still able to pick up this stock for less than three bucks in the summer of 2008.

http://finance.yahoo.com/q/bc?s=KXL....

Michael