Fireguy, I think they have a lot to prove before the stock makes big moves, and today's release certainly is a move in the right direction. On paper, for now they have an unprofitable mill and burning a lot of cash every quarter.
They need to show through a good 43-101 that Barry is big, they need to bring Bachlor on line, they needed to increase production to 1200 (which just happened) and finally, they need to show, with numbers, that mixing the gold from both mines is getting them profitable...
Once the market feels the above is truly being accomplished, the stock price will move significantly, until then we just have a lot of things a company says they hope to accomplish... and they have said that for sometime now.
The news today, IMO puts two of the major puzzel pieces together. 2010 might be the year for MTO, and all the pieces could fall in to change the image of MTO into a legitimate gold producer... we shall see. This certainly looks like a good time to move into this stock though, considering the price and what is about to get accomplished... just my opinion...