Well, in Goro's case. it could be they have a market cap of nearly 500M, yet is not yet in production. The ability of cash making must be proven before significant rise in shareprice will occur, Unless they start dilling again. But they have been clear their mind is set on production at the moment. I am surprised it has not fallen a bit, considering the lack of drill results and the delays in production. The higher gold price has helped Goro stay above $9. And now as production is looking to come within 1-4 weeks, I would think we pop a fast buck or two, but it remains to be seen if they can reach production target and cash costs in a smooth manner. If they do, then shareprice will be above $20 before 2010 is over, when 2011 is over at least $40. IF all goes as planned (it NEVER does though, I am sure 99% of the board agrees on that)
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