The previous poster makes some good points.
I also think that it is simply the times we live in. The investor of today is quite different from the investor that was ... say 10-15 yrs ago. There not 'jumping on the bandwagon' right away anymore like they did in the dot com days. If they were our sp would be a couple dollars higher.
The JVP annoucement will see a nice boost to our sp as it lends ALOT of credibility to cgx because a major player 'believes' in cgx. My guess is the sp will jump at least $1 to $3.
From there i think u will see a steady increase(and i dont mean up everyday!) right up until drilling... and if they find oil, well, i'm not even guessing where it could go !