Personally, I don't see gold at those levels for awhile. I do believe they will get there eventually, but not this soon.
There are many out there who are trying to keep a lid on gold and they have been able to slow it down time and again.
I think that gold will not see any lift until we reach Sep/Oct, if there is going to be a correction, I would think that was the time for such an action. I will be taking profit where I can and wait for that senario to happen and then buy buy buy.
For me, NGG may have gotten out of a rough patch and with the financing closed, we could see a rise in SP in another 2 months. The news will start flowing now and the connections that are being made in the last 2 months will come out and NGG should net benefit over the long term.
JMHO