RE: Morgan Stanley Top Pick: GOLD In other words folks, relax, don't pop a valium every down this drops and let this play out. And yes, buy a few shares at these depressed levels. Does the SP hurt? Of course. Does management care? Of course. Do they control the SP? Of course not! Do they admit they fumbled a bit? Yes. Do they care and want to fix it? They are doing all they can now.
Like I said earlier, the price got ahead of itself and it will rebalance within 6 to 12 months. And those who keep basing management, saying they should have done this or that, just stop it already.
I am sure they are not pleased with the SP, but in truth there are boots on the ground who work their butts off at Handeni to keep this project moving forward and that folks is more important then share price today.
I think some forget there is an entire team working full-time at Handeni that is making this a world class gold district and everyone, even the boys at CIBC, TD and others need to see the goods and they are coming again. The long term value in this play will play out again, just have some patience.
No brainer really.