I dont think he wants to be drawn on it, if you listened to him on Howestreet last week they read out my question about gold breaking out to a new high in dollar terms, he seems to want to stick to his real cost analysis
I know he wrote recently that he thought silver might out perfrom gold in the next few months and he is looking for a general market rally, so He'd be loking for gold stock to be strong.
I think patience is required from here on in, seems like it will be Mar/Apr before more wheels start falling off the cart