National Bank does not have any obligation to continue coverage on KXL. The reason for that is National Bank generally covers Producers. However, in the case of KXL National Bank can and likely will continue coverage. They will provide 'news flash updates' on any info that could impact the price of the stock. Of further note, National has calculated the target price based on 3mm ounces in the ground at a price of $150.00. National did not use todays spot price. They also included some other components to come up with their target price.