Too many factors have contributed to this severe hit in the SP,...

Too many factors have contributed to this severe hit in the SP, the main is gold heading south at a gigantic rate thanks to the derivatives, automatic algorithms and people in the USA that can’t keep their trap shut who have important positions in government or the financial industry.
Rumors and more rumors as when the Americans will increase their interest rates, which in turn make the american dollar the place to be, not for long cause when the inflationary pressures come at a double digits will be a different story and gold will pick up in a big way.
While this is going, most central banks are purchasing more gold, even countries one never hear in the international arena.
In my mind, the worst part is that the market in Australia expects fantastic figures from the two projects. I sincerely hope for the sake of all of us shareholders that would happen.
For those who have already lost heart, let me say that I was able to buy NST at 1 cent after the financial crisis, today a big gold producer among the first three in Australia. MEI is well managed and are doing more than all right, have a bit of faith