the good thing is..... that this play is EVENT-DRIVEN... we would also rise >1 if gold is tanking back to 1.600 (which will not be the case), because Agnico bougt a stake at the double price with gold at 1200usd... so we are crazy independent whats going on here, BUT it`s better to have a longterm positive perspective on gold because this raises the price target long term way above 5 cad which relates to a 20bagger. Rembember the size of the field, Cachimbo etc etc...
This story has to be seen fully seperated.
GLTA