Whenever you see First State borrowing 5% of the register you know it is not a good sign as we saw yesterday. I do not think the quarterly was that bad, the cash from Ravenswood will be welcome, Gold was up 2% overnight . Our cost of production is falling. The political risk ATM seems under control. Shortman is about 4 days behind but I guess there was massive shorting yesterday with a recovery to 40.5 from 37.5. Day traders all over this and we will see volatility again today.
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