Thanx for posting John.
I note from your sentiment that you bailed, which is fair enough. EI seem to have been caught out, I expect that all of the data is not present yet to make an informed decision, so possibly more of a trading \ balance decision. I do not hold a big enough position to worry too much. The tables may turn quickly enough as the drill rigs go through and potentially find a whole heap more non refractory gold - only time will tell. Certainly not the bonanza we were all hoping for - however not all is lost yet. Did you end up sitting on some cash or did you redeploy back to BDR ?
Hope you were able to bail at cost or above.
Andy
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