if gold is that good......

If as is claimed here by some, Gold is the way to go, why then are companies like Carpenter Pacific who hold one of the finest tenements in Papua New Guinea by world standards trading at a discount of their NTAB? whilst other less viable ones like MMN are at 30% of CPC's share price with less than 25% of their value in real terms?

There are a number of others producing gold who have not shown any significant price changes to reflect the recent movement in gold prices why??

What is the reasoning behind the call by some to gold??