in the absence of news i would probably agree with you colinchi. The quarterly is coming out this month though and i think they can improve on the last one. Cost cutting takes awhile and we are now seeing the effects. last few quarters all down. No guarantees though!
However i don't think gold is going down to 1180 again. A retest at 1250$ at the most. Who knows, gold is too unpredictable atm. However i know that the company is in much better position now than when it was 40c the last time.
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