There is some talk about how the Fed and the bullion banks are...

There is some talk about how the Fed and the bullion banks are manipulating the gold price to give the impression that everything is fine with the US economy. Reminds me of the Titanic sinking and the band is asked to keep the music playing.

If Ramelius doesn't get the money from this rights issue, they have to delay developing the Vivien gold project. However, they have sufficient cash balance to hold out for a while longer, conditional that their Mt Magnet cash cost does come down too.

I might be highly suspicious that something sinister is going on with the gold price being as it is... but I sense the whole gold mining industry is being given the test of their life. Those who survive this will really be shining later.