resistance & support levels, page-2

36 sounds awfully optimistic without QE3, a move well into 30 territory will require $2000/oz gold especially after the current managements mandate has changed to underpromise and overdeliver after the markets reaction to the spate of production guidance downgrades throughout april and may due to continued bad weather and mechanical problems at lihir.

The share price will continue to undervalue the company until either a more bullish[read: accurate] guidance is released or earnings come out above analyst expectations at the end of the year.