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Sure... All to do with the price of gold falling through support levels. Look at Norther Star, one of Australia's best gold stocks trading at$0.91 this morning having traded as high as $1.38 just ten days ago.

Price of gold shouldn't really have any impact on GOR's profitability as they are not a producer and just business as usual for them and they can ride it out no problem. However price of gold does have a big impact on market sentiment overall. Last month GOR raised $23m at $0.30 no problem. Apart from the negative sentiment overall, they are in a solid position, cashed up, excellent prospects, an enviable resource, great management and a lot of drilling now and huge program in the new year with nickel potential as well as gold.

This company is well organised and efficient in terms of drilling activity however there hasn't been a lot of news lately but it is coming. They have completed some of their drilling programs at the end of October. 8600 mtrs RC on three new bedrock targets at Toto over 6kms with results due this month. AC drilling commenced on 25km strike at sunriver and Sumitomo JV at Minnie Hill has completed 16000 mtrs AC drilling in OCtober with results due sometime before the end of December. So so news coming in the current quarter and lots planned for the new year.

I think the big holders remain committed for the long haul. Hopefully some goodnews in the very near future will get it fired up.