Ann: Karouni Operational Update, page-112

Everything can be fixed ... if you have unlimited resources. No company though has unlimited resources (and certainly not TRY), meaning there is always a chance that things are not economical to fix. That's what is called risk. Question should have been - are we sure they will be able to operate long term on an economical basis. Who knows? May be, may be not.

Re gold ...there are always bulls and there are always bears. At this stage the consensus appears to be quite neutral - and the trend appears to be downwards. I'd take it as a bonus if it goes up, but it appears to be risky to count on it. As long as US$ and interest rate go up gold is more likely to keep dropping.

While TRY is currently quite low - there is always potential for it (or any other stock) for it going lower unless it reaches a Zero. Unpleasant reality, but worthwhile to remember, particularly for investors who use average down as one of their strategies.

Anyway - I suppose you are all grown ups, but newbies - be aware! DYOR & GLTAH