While I agree in part, I believe that news that signals that TDC is moving from exploration to development, such as the PEA and any progress on mine design or permits etc will put TDC in a different category.  While the juniors will remain undervalued until volume is much higher, those with actual gold production are being rewarded.  So news in the maturing of TDC into a producer will be rewarded.

However, if the only news is to ad 120,000 oz of gold to M,I & I, and continue to look like the entire focus is on exploration, then it will be a yawn.

On the other hand, even as an exploration stage, there is an order of magnitude when the resource broaches the 2,000,000 oz level.

One thing that has been curious to me, is that TDC seems very conservative on how they calculate the "inferred" resource.  They seem to focus on nailing it all down in measured, for the mine design, but the market does reward inferred resources, such as Aurelian's.

What new visual aids will TDC have to show at the PDAC?  If you play the company video, and pause at the first image after the helicopter show ot the Gian Mine, you will notice that the cross section from the 43-101 report shown in that presentation is actually different (containing more volume of Measured, of Indicated and noteably of Inferred) than the current Aug 2007 report.  So to show this at the PDAC, to me, implies that the new report would have to have been released by this coming friday at the latest.

SKELEG