I agree with Ajax's support levels. Further downside sees a more...

I agree with Ajax's support levels. Further downside sees a more significant longer term uptrend support line from November cross through about $1.20, which is further horizontal support.

He's also correct with the listing time frame:

"The issue of subscription receipts is subject to completion of an agency agreement with the Canadian
brokers and a due diligence review, with completion anticipated on or around 5 November 2009. Thereafter, the proceeds from the issue of the subscription receipts ($35.1m) will be held in escrow with a requirement that Perseus completes a listing on the Toronto Stock Exchange (“TSX”) within 90 days. The subscription receipts will be converted to ordinary shares in the Company on a one for one basis upon TSX listing."

Caldwell has said he 'hopes' it will be before Christmas, but 'time is running away'.

I guess you didn't read the ann properly, and you have heard what you want to hear.

And fishhead, your GUESS about where gold will be in 2011 is as good as anyone elses.

Lots of fish to swim under the bridge between now and 2011.

SDG