J.L.,The market is always wrong, otherwise we wouldn't see the...

J.L.,
The market is always wrong, otherwise we wouldn't see the daily fluctuations in share price. A market can't be right when valuing a stock at $1 one day and then be right again when it's valuing a stock at 30c the next. FGE has been my best performer of late and bought them for 19c, look at 'em now... so was the market right when the stock slipped from a $1+ to 15c or is the market right now that it's hit $2?

Isn't it expected that production costs be on the way up atm? Given that inflation tends to lead to an increase in production costs and the costs of goods sold, I tend to think on the basis that for every $100 increase in the POG equates to about a $50 increase in production costs. Most of the mining companies I monitor are showing increases to the production costs for the last quarter and two.