what happens with a roadshow

GIR have over $86m cash & have just started a European Roadshow from 27/5-5/6/2008. It is interesting how the price has shot up from low 2's to mid 2's on the back of overeseas buying, with more price gains likely to occur. I am sure after the JORC is announced management will be doing a similiar Roadshow overseas. A good Roadshow these days is not about coming to the Eastern States but heading to where the real money whether Europe or the Middle East. Given UMC has some contact into the Middle East may be more doors will open. These Roadshows can cause a share to move say 50 cents in one day if the buying is big enough. Most of us have waited over 12 months but when a share explodes it can be in big amounts each day. So over a week it is easy for a stock to gain say $1.50 with the right buying forces present. Oil profits are looking for good projects, & given the Middle East is not about iron ore, it makes very good business sense for some money to be invested in another good resource. If its a choice of holding US dollars or holding shares of a good quality emerging iron ore producer in a politically stable country with currency appreciation potential, then it is a no brainer.
Regards
Buffett
PS No investment advice given on any shares, but wealthy overseas instos feel free to do their own research on UMC!