Stuart Thomson is now referring to the same 2009-2010 lt break-out point of mining shares as a bottom. He is talking about HUI 401. Im am not so sure if he is correct. If you take the XAU, that should already have bottomed. Anyway, the HUI can test 401 in one day from here.
http://news.goldseek.com/GoldSeek/1335280748.php