will it go higher...

Perhaps it actually depends on whether this company, not with the best track record mind you, can increase its production. Gold has easily outperformed this one. Does anyone out there know whether their mine near Orange is actually producing anything like what they have forecast? That would be good to know. Yes yes the new CEO has made a good announcement recently but this thing won't get back to $35 anytime soon unless they can dig up more of the stuff out of the ground and fast. That in my view will determine what will be happening with this stock in the medium term. I am personally holding out for $30. If gold goes up then AUD goes up with it and profits stay the same, it depends on productio. They should allow a DRP into some of their own gold bullion, when you hit an ounce you pick it up at the mint, that would give it a lift and increase their sales.

Do your own research this is not advice.