I think this has the possibility of being a perfect example of "irrational exuberance". People getting tired of the bumbling economy; the possibility of it getting far worse over the next few years; people reading about the flight to gold, and the increasing demand for gold; the need for people like Cramer to have a real winner to pull out of their bag; the feeling that this may be the largest known, untapped deposit available; the Chinese probably ramping up production so it runs perhaps 5 years, instead of 15+; the possibility of a synergy allowing the JV to profit from other deposits nearby, and possibly, other resource development in the area; the Chinese retail market - tons of money hidden under myriad mattresses over there, starved for an opportunity to invest in something; reserves ending up being far more than currently accounted for; the possibility of the POG going through the roof - and more importantly, the general expectation that the POG is about to go through the roof. This could really balloon out into something that gets valued at more than just the gold in the ground, all IMO. I think the big issue will be wwhen is the best time to jump off.