RE: RE: RE: $5 finally broken I agree with you (for once), this isn't short related.
This is sector related which you can tie into end of quarter profit taking for gold. The exact same thing happened in September and again in December. Couple more days and maybe things get back to normal.
ABX, G, IMG, K NEW are all trading near their 52 week lows.
Not one gold on the TSX gold index is at a high and most are close to their lows. This in spite of $1000 per OZ margins for most.
I believe SMF's main problem is the bottleneck at the lab has delayed the resource update and the final design of the new plant. Nobody wants dead money so some have walked.
Wes