report

i havnt followed sgw for ages but looking at the report and balance sheet. sgw looks to be in for a rough ride over the next little while ,the gold mining operations are looking sick with high costs, and the possibility of big writedowns is worrying . sgw share price could have a lot further to fall . if the gold price slips back to the 370 level as forecast by the abare economists sgw is in big touble. i would expect a raft of sell recs from perth brokers in the next couple of days. this bounce from a 1.80 could be a good chance to exit. wrongway