any hope, page-2

My bet is we will see a gradual retreat to around 55c. Its a quality stock with moderate debt levels. Next milestones are stabilisation of operations and release of actual operating costs. I would be surprised if the small gold development gets the nod (banhuxai i think its called), capital costs and in many cases operating costs have doubled over the last two years and there arent that many ounces up there, no loss for shareholders though, better not to construct it in the first place than trade dollars, Phu Bia heapleach is a case in point.