Loki,
We will soon find out after last nights smash in gold.
I said this stock would go to mid 20s because of management if the gold price dropped. That will probably happen on Monday.
With management still not stepping up and wholesale carnage going on in the goldies I'd expect this to head towards 20 cents now.
Incredibly I now think that over values this company due to poor management and what will likely be a need for a capital raising at around 20 cents if they can get it at all.
I don't think I would get in now unless the net cash backing was greater than the market cap and if they get rid of the MD.
Good luck to all.
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