RE: Bankr is a shorter Shorters are winning this year in the gold market, however SMF has a lot of ozs proven and probable and likely a lot more in the ground. They took a loss which was good for them so they didn't have to pay tax and kept cash in the bank! Good move for us shareholders! Gold is oversold, as is copper, platinum, palladium, and silver. The economic news around the world is not so great and money will be printed. Stop losses are being triggered and people are scared. That's when real men make money! They step in when people are scared! I bought SMF at 86 cents and sold much at 10 dollars. It's still a good company and a takeover target if they wanted to sell. But they don't. Whether rightly or wrongly they want to produce 300-500K ozs per year and make a whole bunch of money. I would hold at this level and buy more if it sank further