We need stability first, then a steady rise, problem is there...

We need stability first, then a steady rise, problem is there could be a huge climactic selling event beforehand, although it is clear now that at the current price of gold, many producers are just breaking even or even producing at a loss. Fortunately, AQG is not in that state just now and any subsequent severe decline will most likely be relatively brief. The problem is sentiment and confidence in gold. The world issues for a bullish stance in gold have not and do not look like changing anytime soon, but when everyone tries to get out at once, only so much water can go through the pipe at any given time. Gold production will in the main, fall if the price drifts lower as many marginal producers will have to cease operations if cash reserves are low. We are ridiculously cheap, but with the dividend news now over, I guess we were always vulnerable, but what rotten timing for the POG to tank. Just my luck. Still holding selling just throws out the baby with the bathwater.