Ann: Randalls Gold Project Feasibility Study , page-52

"From a purely technical point of view, it is encouraging to see that the recent July low has formed at a higher level than the previous low in April at $864.97. Higher lows suggest that buying demand is on the increase.

Longer-term, resistance between US$988 and US$1032 continues to provide a barrier to the upside, and we cannot get too excited until prices break above this region. However, as we have stated in the past, we believe that the past 15 months of choppy consolidation is merely a corrective phase, within a much larger bull market. This suggests that a sustained break upwards is just a matter of time.”

From a research house report.