I think a lot of funds are reducing there gold and gold stock positions recently. Baker Steel bought a lot of shares in GDO in the low 20's so it would not surprise me if they are selling down now for a 50% profit. IMO this will retrace to mid 20's where the SP previously held at for a long period during 2010. In hindsight the directors and myself got our purchase timing wrong.
buying opportunity, page-32
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