The low of 2008 Was $1.40. Perhaps it will find support at $2.50. The whole sector is screwed with no light at the end of the tunnel as long as Wall st. banks are allowed to short GLD in unreal quantities which forces the etf to sell physical gold. They want to instill so much panic selling and margin calls so that they don't need to cover until $1,000 or so gold. Can Osisko make money if gold is $1,000? I took a loss on osk last week, looks like a good decision for now.