Considering the latest 2q numbers from the company, an extra 100 bucks an ounce and we're in the black.

Another thing to consider is the debenture is trading for half the guaranteed value plus interest if San Gold can keep the lights on and it would seem that some strategic funds are taking advantage of situations like this in the mining sector.

http://www.zerohedge.com/news/2013-08-13/golden-opportunity-perhaps

Not sure what that means for the share price but if the debenture starts getting bid, I imagine the share price may follow.