John IngCenterra Gold along with Eldorado and EAS were the three gold stocks that John Ing picked for this year. Centerra is just being hammered because of what is happening in Kyrgystan. If I had "balls of steel" (which I don't) I would probably pick it up tomorrow or later today and ride it back up to $13. Of course one could end up riding it to $8 or $9. But they are reporting soon and with unemployment being really high in Kyrgystan, it is highly unlikely that the government would clamp down on foreign investment .
This is exactly what happened with Uranium One last year when the panic selling took the stock down to $1.60. It was back up over $2.70 one week later.
On another note - gold seems to be delinking from the American dollar as it holds its own. A good omen!