There is some selling into this strength which is unusual unless...

There is some selling into this strength which is unusual unless it is long term holders who are just happy to get out. Gold jumped $30 last night on Euro weakness and it has now pushed through the 1240 resistance level so the upside is all there now.
More drilling is now on at Giro so there will be more results by the end of the month plus geochem sampling results that should give an indication of strike.
I found an old article from 2006 when Klaus was talking about raising capital for Moto Gold back then. It is amusing in the current climate and worth a read.
http://www.smh.com.au/news/Business/Gold-miners-in-Africa-overlooked/2006/04/17/1145126040080.html