RE:marrone onThere is no way costs are that low. They lost $12.5M outside of the one time costs when gold prices averaged around $1250 or so. I think that if the price of gold goes to $1000 to $1050 As Goldman projects this falls to $2.50 to $3.00. There was no dead cat bounce yesterday as it continued to sell off in accordance with the drop in gold. It will simply follow the price of gold from here on in. Typically there is a 3:1 ratio between decrease in gold price versus decrease in gold miner stocks. For example a 1% drop in gold is normally a 3% drop in gold miner stocks. This one has been a laggard and after reporting a billion dollar loss in Q3 will continue to be so it may sell of at a higher rate than the 3:1 relationship mentioned above.