Roadshow The stock is thinly traded so if they generate interest from more big players the SP could move well.
One must assume Donald Smith & Co. , Franklin Gold and Precious Metals Fund , JP Morgan Gold Fund , and MacKenzie Financial , are savvy investors and they didn't pony up all that money at $.92 for a small gain.
It could be they are privy to more information than we are. Such as old Emperor reports on their explorations at Tuvatu and the extrapolations they derived. (somehing I've searched for and haven't found). I know Lion has always been leery of putting anything out in public that isn't vetted because of worry over exchange rules. Its one reason it took them so long to put out the gold sampling map of the decline with all those amazing numbers.
We know that aside from the starter mine projections, that they already have upwards of a million ounces at a 3 gram cut off. I think its only a matter of time before they show a million ounces at higher grades. The mine area exploration is open at depth with apparently higher grades deeper, its also open to the sides. Plus, it seems highly unlikely that this site is the only place in the caldera to host this type of gold concentration. 3 to 5 million ounces is certainly a possibility. I was told that a geologist fom a major company who spent considerable time at the site thought it could hold much more than that. The major investors mentioned above may well be thinking along those lines. It seldom hurts to follow the lead of the big guys and their research staffs. If other major investors see in it what they did, then the price of shares from here on, should do well.
Create a cash machine and build up a multi-million ounce gold resource.