Picked up 1000 AQG today @ $2.36 as the market opened.
Alacer ended March Quarter with US$350m cash and no debt.
ASIC was US$690/oz with production of 50.9koz.
Alacer has 2015 production guidance 190-210koz, up 5% on the back of higher forecast grades.
It will weather any ETF induced Gold price slump.