Fair comments Watso, although I would prefer not to be hearing...

Fair comments Watso, although I would prefer not to be hearing them.

Realistically, in spite of all of the massive upside potential for KCN, I can see the rationale that there are plenty of other lower risk gold producers out there that are also fundamnetally undervalued at current gold prices, let alone the future $1000 USD + prices that the gold bugs keep assuring us are "just around the corner", hence they are attracting more interest and KCN is being priced accordingly. That was my rationale for diversifying a little more away from KCN over the past month or so anyway.

All said though, there is still alot of screaming news-driven upside potential here over the next few months and things could change in a day - resource upgrades, expansion financing or more news on discoveries... hence I would even rate it a ST buy (although I am a long termer)