agreed, it will be a softly softly approach to regain confidence...

agreed, it will be a softly softly approach to regain confidence unless one of a few things happens;

1. the likes of baker steel start increasing their stake or another such fund starts buying in.

2. new discoveries; making that 10million ounce deposit look more likely

3. the price of gold rockets above 1200 USD, i think 1000 is no longer high enough to create that sort of hype we hoped for, its been there and tanked, if it hits 1200 their will be renewed 'hype' imo.
(wether that translates to a sustained SP increase is another thing by the way)


other than that Mackstarts pricing looks quite reasonable to me. if we start ticking the boxes again this will get re-rated quite quickly, gold is still in a bit of favour and this team still has the credentials.


regards
Davo