cde, page-22

"I don't deny that they $A pos is a relevant factor in the overall equation, but you and Bruce seem to be suggesting that BSG's fall is as simple as the $A pos and, if we don't see that, we're somehow ignorant or blinkered. That's a wrong (and unsophisticated) assessment."

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To quote you Bruce has made an "unsphisticated assessment". (Why do I have some posters on ignore?)

All that needs to be done is check how Gold Index (XGD) and the HUI Gold Index have gone since the day the "merger" was announced and then compare with the share price performances of CDE and BSG.