how low will it go?, page-6

Yeah wheels, you are right that they might have done better in their management - but starting up gold mines is not an easy thing. It's unfortunate for those who bought in when the price was up - that was the judgment of the market (ie gamblers) at the time - but that's the way gold mines usually are. Whilst it was a little messy, I think they've managed to sort out the financials for the moment and now we just have to see how they go about increasing production. I've been bitten before so I got out as soon as the cap raising was announced with a decision to buy in after the issues so I'm break even at the moment and treat it as a trading share with potential for longer term upside if all goes well. I do think it has a good upside and still a buy for the time being.