Ann: 2015 Half Year Report, page-5

Nearly all gold stocks have fallen over recent days. In my opinion, this is due to profit taking after many large percentage rises (GRY included). The US gold price has not really fallen at all - more like taking a breather. My experience in the previous gold bull market is that stocks can rise very quickly over a few days and then they flatten or drift down for a while before the next leg up. For this to occur across the majority of gold stocks, a rising gold price will be required.