Just looking at this list

http://www.theglobeandmail.com/globe-investor/investment-ideas/number-cruncher/gold-stocks-that-shine-through-the-rough/article2124363/

and looking at some production numbers of some of the companies, SMF produced 60k ounces in Q1 at a total cash cost per ounce sold at $654 for a MC just over $2 billion with a SP of $8.50. Their guidance is about 240k per annum.

SMF hit a high of 14.50 a while back that pushed their MC up around $4 billion.

There is no reason SGR can't get similar numbers once they figure out their mine plan and if the market gave SMF $4 billion in the safe haven they mine in, there's no reason SGR can't get the same or more.

I will have to revise my $9 forecast up to $13. All things being equal.