Looking at the announcments. Can others help explain here.Do we...

Looking at the announcments. Can others help explain here.
Do we have to sell Murchison? If so then need to further contribute $3million to the DOCA fund.

Andash is gone or else we're totally screwed.

What is happening with the price of gold. I was awake around 4am this morning. The POG was up, then down, then up. Up before the release of the FED minutes, covering their position. Down after then release of minutes, then oh my gosh on further reading it looks like QE will continue. So up and up again. It's nearly touching $1400 AUS.

Perhaps we have seen the bottom in the POG. It's way oversold, the US employment figures are dodgy, shadowland stats place them at over 23%, the bond market is in a bubble, if interest rate rise they will have problems servicing their debt. The housing market recovery is suspect also. The Aussie dollar though up today is still going down, China our main trading partner is slowing down mode.

My question is then, can we keep Murchison. In the vain hope that gold rise, and we can at least start up Murchison again. At least to get some income, or perhaps a better price by Dec 2013.

So my position is a reluctant hold