chart - thoughts?

Any thoughts on the chart?
It looks particularly bearish and I wouldn't want to see it drop any further, but it doesn't look like the drop is supported by fundamentals and it would only take a couple of good days to get it out of this trend, perhaps soon after an announcement that things are all good?
I think a break above 15c would see me test the waters with a small parcel. Not too many gold stocks around that you can buy below their November 2008 lows!