News: Alacer sells Frog's Leg stake for $171M , page-20

Just sold my other gold stocks and doubled my position in Alacer. Someone is just dumping now and I see Alacer as one of the safest should the gold price suffer - if it drops much then they can stop mining in Australia while maintaining the low cost Turkish oz's. Many don't have this option and in a relative sense their margin would be squeezed more while still removing their resource from the ground at the same rate. And on the other side, if the gold price goes up considerable then while the Turkish ounces won't see a massive relative increase in margin the Australian ones producing barely any profit will see massive gains.