Rook how much more down pressure do you anticipate/expect to see with gold & ultimately with San.

Welcome aboard Sunny,I have always felt that the downside on Gold would be the 1050 range. I believe India paid 1045/1050 and at that time China was trying to bargain an off market deal under $1,000. The market got way ahead of itself as many bulls took a signal from the India's sale as a green light to step on the gas. That is only an opinion and I do not profess to have any real insight. I agree that we could have a rocky ride ahead, and that is why I have bet the farm on San Gold. I am hoping that the pace of growth and new discoveries will outperform any negatives that the financial markets throw at us. They are a low cost producer benefitting from a very friendly provincial government, cheap hydro rates, are fully permitted for all their future anticipated growth and have no debt. I personally believe that if an ASSETT like San Gold doesn't work out nothing will.