KXL results are/will be at least the values of Eleonor.

There are certainly rumors of KXL takeout.... but I think this is too soon and rumors are to be expected. KXL would first split the company into their three companies (Uranium, Base metals and Gold) before any takeover happens - IMHO.

Bill Chornobay keeps stating that they will always make moves that increases shareholder value. Under this premise... I expect KXL to complete their 60,000m drill program next year so that they know what they have in the ground so that any offer is fair market. Or course... any company trying to get their hands on KXL would prefer this to happen before the drill program... pros/cons for both sides.

BTW - The Shareholder rights plan has been posted on SEDAR for all who are interested. It was just posted on the Nov 6th and is 2956K (52 pages)

mz