I'll go with market forces.
If this is GFC II and we all have to start worrying about capital flows, companies like ABU (which may well need more money if they build their own plant for production) will do badly. Gold producers, particularly those that don't have debt issues, may well do OK.
If the gold price continues to recover then producers will continue to improve. If the gold price looks like its ascent is longer term (solidly breaking 1800 would be a clear sign, as would phrases like "QE 3") then the ABUs of this world will jump as every man and his dog jumps on the only sure thing in town.
If the gold price remains depressed, provided ABU continues to increase its reserves, and in particular its grades, then it will eventually do OK anyway. After all, if the marginal cost of production is 800-1000, and ABU can hold to substantially less than that (especially of the oz dollar drops) then the company still looks good.
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