Given the last OGC thread had the word "trouble" in it and since then the SP has gone from 0.18 to 3.25 in 16 months I thought I'd be bold and start a new thread to reflect:

1. OGC resource upgrades
2. Mined gold being sold on spot market
3. Gold selling above US$1100
4. Record gold production
5. A dimming down of the GFC
6. The SP appreciation

Trouble at the Mine doesn't quite fit.

A key question I have is:

based on fundamentals of gold prices at this level and current mining production is the SP a fair price or are we going to expect continued price appreciation?

Some analysis as opposed to opinionating would be appreciated