RE:Stockmoves 1 ;Your point is valid but only under the assumption that gold will not recover.
It will, its just a matter of how long until that happens and how much money you can make with your dry powder in the meantime....
It may just end up being the buying opportunity of a lifetime....
My own calculations show that at the current average grade (0.74 g/T AuEQ) we could make pretty good money at $1800 gold.....with these new results over the past couple years I'd be shocked if our average grades were below 1 g/T when the new resource comes out. This means $1300 should be easily doable. If our average grade goes 1.2 g/T, $1100 should be profitable.....