Yes, the shares are down today and have touched a new low,...

Yes, the shares are down today and have touched a new low, that's the end of the bad news. The good news begins with much lighter volume today, so the panic may be ending and the shares seem to be looking for a bottom. More good news are the strategic plans for Alacer which, from my reading of them are setting this company up for long-term future success. It is not about how big they are (ounces). It's the 'quality' of the ounces you get. As gold languishes at present, the cheaper ounces are what you want, also AUD may be starting to weaken at long last, so USD Au price drop may not be as damaging as it would be if the AUD was not gradually drifting down. Also, the dividend payback to shareholders. This shows management sees a brighter future ahead for the company than the market does at present. This is not 'pie in the sky' these plans are sensible, well thought out and will produce great results over time. IMO/DYOR of course. These shares anywhere below $4 are excellent value in my opinion.