GW, and that's why I am not hot and bothered about getting the permit. the higher the POG goes the better. If we go to arb, fine. By the time we get to the end of the process gold could be through the roof as we know it. If we get the permit the price of the stock should appreciate and then hopefully a buyout. If not, then we take the mine into production and hopefully the SP and POG will reflect each other in some way. I do not prefer the last possibility. Will gold stay in this secular bull rally two years down the road? Probably. Take a look at the long term chart on gold. It took 20 years to hit bottom. Will it take that long to peak? I hope not. The only fly in the ointment IMO is inflation. How bad will it be and how bad will my purchasing power erode? Damned if ya do and damed if ya don't. I still feel KRY is a win-win regardless of which of the three outcomes arise.