Boys the interest in JAG is all about Corona and its upcomming IPO and listing on the TSX.
The value of the IPO and the eventual listing price for Corona will value JAG's 20% holding ion the Queenstown project. The results of holes 2 and 3 could propell Corona and JAG will represent 20% of that price. i.e. if Corona goes to 30 cents JAG can be expected to go to 7 - 8 cents.
End of story.