It may take time, but I have been following Bob Hoyes calls on the market this year and his views are tracking much better then the classic goldbug view. Bob is focusing on the real cost of gold (which is rising) so a miner does not need $1000 gold, just commodity input costs falling must faster then gold.

Once San Gold can operate at a profit and keep upping their reserves, the market will want a piece of it, in the meantime let the crappy juniors go under so that we can seperate the wheat from the chaff