was 67 cents overpriced, page-8

Soaking it up at 40c...

There's not much choice in the Aussie gold sector and I think 'doom and gloom' is truly factored in. LHL, NCM, NEM and more posting at first glance poor numbers!?! (and don't forget MON, what a basket case Kiernan has on his hands, or is he the basket case?)

But are the numbers really poor?

We knew that hedge book write downs would be the flavour, LHL has always been a basket case with production problems and SGX was no surprise in announcing issues about power. And let's not talk about South Africa!

So if we knew this was in the works, does it then explain the recent sector weakness (crazy behavior) despite a rising gold price?

What will next quarter look like?

NGF is producing, and doing a great job considering its peers, it will see weakness, but must be an amazing buy because they don't need to dilute us to keep on track.

When the big guys toot a rosier tune - we all will toot toot to our own tune!

I bought more today :)