the sea of red continues, page-6

And the surprising thing is gold is doing well in Australian dollar terms. It's trading around $US971 currently and slowly creeping up. I think we just have to wait. It simply can't say that way forever. Pendulums always swing back. This has to be close to bottom. Some can hardly go any lower! The point is that some of those sitting on vast mineable reserves - like CRK for example - will indeed be making very substantial profits within a year or two. Some of their annual profits will exceed their current total capitalisation! Imagine buying shares for a dollar and the company makes a dollar a share profit each year!
Sentiment can change very quickly and one needs to be there when it does.