I fully agree with you and maybe I did not explain my self properly. I believe the reason for the share price increase was a result of rumors that goldcorp was coming on board. Certainly it raised my comfort level when I first heard it was coming. The resulting drop after the PP was completed was unarguably the market conditions that have prevailed since.
My purpose in making the comparison was mainly to say that rumors of a major coming on board should do nothing but help us. ( far more than a PP in the market would)
Cheers
K