GoarmyI still remain positive as per my previous posts however...

Goarmy

I still remain positive as per my previous posts however it must be recognised that these guys are not without risk given that they only have one operating mine, for me the true potential is in the development pipeline and the identified targets that they have in particular those close to Engenho.

I am also positively disposed towards the management of this company as they have generally delivered on promises.

The true gains in the SP will be nest year as the USD comes off its highs as interest rates go even lower in the US, the expansion of the US money supply continues and the true enormity of the US situation (high govt debt, budget deficit and recession) becomes clear. This will be beneficial for gold prices and commodities in general