nkp losses, page-76

Only a small portion of my portfoio is not is cash. Went mostly to cash in May. My gold stocks are still all in profit (except one small loss) unlike anyone whom invested in NKP. Actually cashed out, although not all, some gold stocks over the last few weeks as well.

All the gold stocks that I still hold generate cash, unlike NKP, and will do so even if gold goes below $1000poz. Quality Gold stocks will (probably) recover, unlike NKP.

Never claimed to be a guru, self proclaimed or otherwise. Point was and remains, "Do you really believe that any company will sign a JV agreement under the present market conditions?"

I'll give you some (obvious) tips.
1)PGMs have further to drop
2) the political situation in SA will deteriorate
3)Gold will regain most of its lost value before Mar 2012
4) The AUS will hit 85 or lower by Mar 2012
5) No JV before anytime soon
6) NKP will probably look to raise vash by Mar 2012
7) Most NKP faithful will hold until the bitter end. Bitter it will be.