Ann: Further outstanding results at King of the Hills, page-6

My simple quick interpretation (i'm no geo) is that the length of these moderate grades drill holes samples adds to the likelihood of KOTH hosting a very large gold source (albeit it modest grade) that will support a very profitable, long life, stand alone operation. As Gazza outline in his most recent post, the upcoming key developments will flow from the upgraded resource and reserve statements.
If these vindicate the KOTH (hoped for) potential, then KOTH will, in the words of one prominent analyst, transition into the largest new gold development project in WA. This should ensure a market cap well above $1bn ... and hence a SP multiples of todays.
Buckle up .... only a major sustained retracement of the gold price, can uncouple the gold bull market .... and why would China, Russia and India allow their national savings, in the form of their massive and continuing accumulation of gold (which underpin their currency) allow that to happen? This time it's different .... with the setting up of a 24/7 gold market in Shanghai, the mavens of Wall St can't dump at 2am and manipulate the POG with a paper attack.