Until we get a production update with some grades and ounces mined we are going to drift lower. There is also alot of talk in the media about the gold bull run being over, which personally I think is a load of rubbish but some may believe it.
Unless the ECB have there mandate changed and can but unlimited bonds of stuggling nations this sort of volatility will continue.
Personally, I will be feeling alot more comfortable once management confirm we are mining the targetted ounces and that we are cash flow positive.
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