Gold price
I'm going to throw this out there... I don't care about the gold price. I would actually be quite pleased if the gold price is the same in 6months -1yr time. Because regardless of the POG, KNT share price will be substanitally higher in that time. With the switch to exploration drilling along Kora south and Judd, porphyry drilling, expansion studies etc, and the distinct possibility of a takeover, there's every possibility of a substantial incrase in the value of K92.
When that time comes to harvest the gains from KNT (yes, I will eventually sell all my shares), I will welcome the opportunity to re-invest those profits into other quality gold juniors, which I hope will still be at bargain basement prices.
Of all the catalysts, I see the porphyry potential as the most significant. Delineating a major porphyry (or two) will IMO increase the MC of KNT by $1billion. John mentioned that we would get a blue lake update in the "second half of next Q" on the March 31 conference call, so that means THIS quarter. Something to look forward to...