Pure speculation Pandelis.
What will the POG be at the time?
$1,580 as it is now, $1,450 or $1,700?
Will the sector bottom around here and take off before permits are granted, or move lower?
Are there large buyers for ABU waiting on the sidelines to buy on dips, or sellers to sell into rallies?
I believe 1525 support for gold will hold (if it is even tested again) so I have a positive view.
I have a very positive view on where the sp will be heading over time but trying to guess where the sp is when permits are granted would be no more than a guess.
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