Most likely: between 5m-10m gold/equivalent.
Are we expecting news? Yes. Sometime between now and the end of February PZG has said it will file its updated 43-101 for its Mexico property, which is the authoritative document on precisely what they have found so far (it will have 3 categories: proved, inferred, and indicated). In addition there may be an additional PR or two on their Mexico and/or Nevada property.
Right now the cautiously optimistic projections are targeting $14/share by sometime in the next 24 months. Very optimistic projections are saying $30/share by the end of 2012.
We'll know a lot more by the end of February.