share price pending annoucements, page-31

Too true everyone has 20/20 hindsight and tries to make their calls fit into their trading methodology somehow. I seriously think noone really has any idea what's going to happen in the next 12 months. Best to have downside protection and some skin in the game to make some cash if markets recover. That's really all we can do. I think KGL provides excellent upside with a small risk factor. Our largest risk is that the bottom drops out of the gold price, which is possible but not likely IMO. Gold stocks staying low are all priced for gold to drop in the next few years. As you said before chuk what happens to them when they start pricing gold going sideways or, heaven fordid, UP?!