RE:RE:RE:Waiting in the WeedsDaddy, KNT is my favourite gold stock. But, you can't take a gold company out of the context of the gold market. If $1200/oz breaks, the price of gold is likely to go down to $1050/oz. And some even see it as low as $950/oz.
This means dramatically reduced cash flow. At the same time the company needs capital to double production and to do more exploration. They should focus on the production and stop unnecessary exploration until cash flow is more certain.
Next thing you know, they will panic and do another share issue at low prices like they did last year. We don't want more dilution. So, we have to be patient, hope that they can be patient and manage their money competently, and wait for gold to turn upward. We will not be out of the woods until gold breaks above $1350-$1375/oz.