I suspect politics will determine the fate of the mine - they're probably hiring the polsters now. According to Gold Stock Trades, the decision is to be made in September. That time frame coincides with a possible low in the overall market.

I'm going to wait until just before the decision is due. If the stock is cheap at that time, the risk/reward situation would be very favourable, so I'll take a shot. Meantime, I'm going to keep an eye on it - perhaps a quick trade in a day or 2.