This stock is already cheap. It has nothing but upside with the next drill results. Barrick gold was considering this property back in the 1980's when gold prices tanked. There is huge potential here with the revival of gold valuation over the last decade. Dont forget that gold is going to be considered as collateral for debt and loan reserves as of 2013 and should continue to show strong institutional buying. Amerix Precious metals is likely to be a 10+ bagger in the long term and an easy 2-3 bagger in the first 2 quarters of 2013.