Don't ever listen to gold analysts again.Peter Grandich starting spreading his own takeover rumours on this one years ago.About the same time he told everyone at the Vancouver gold conference to buy it at 4 bucks lol.Whether it be nevsun,golden star,vanessa,queenstake,mundoro,minco etc.Gold stocks have handed gold investors losses that in inflation adjusted terms are a total disgrace.Just think if you make a profit you have to pay taxes but the rate of inflation will ensure you have a loss.I had a freind who used to own a mine,he said there might be only 20 good companies out there and that the insiders made their money shorting.If you haven't figured it out yet,the gold cartel is the gold anlyst community.Even van edens favorite Radius is a stinker.Go back and track their records,the make every other analyst(other secotors) look like a dream.Buckle up guys,people are figuring out the scam and there will be no new buyers.Only 1 in 10 gold stocks will make you money,making it the worse than the horse races.Sell this turkey and buy physical,it won't come back.