Did a quick check on SGR's market cap from 2010 at the peak and found that SGR had a market cap of $1.49B <- yes that's a B for Billion, at the peak share price of $4.97 and a float of 300,408,146 shares.

Today, SGR is at .39 with a float of 3335,260,029 and a market cap of $130,751,411.

*IF* SGR can achieve half of the market cap it had at the peak (~$750M), which seems reasonable as head grade and $/oz are not half of their previous projections, then, assuming the price of gold and float is constant, it suggests a price of $2.23. Technically, the $2.25 price is a huge point of confluence as it was the previous all time high in 2006.

Just thinking out loud for the "long term". IMHO if the current price does not hold this thing is going to $.25. At that price, their market cap would be ~$84M, which is below the replacement cost for their infrastructure alone.