I think the delay in the startup of Jinfeng has caused the more...

I think the delay in the startup of Jinfeng has caused the more impatient holders to sell out. The delay was caused by tougher environmental standards by the Chinese govt, which Sino (along with everyone else) had to spend time complying with.

Sino will be producing any day now, and by next year will be China's second biggest gold producer, with an estimated production of 300,000 ounces per year.

It has very good, experienced management, with about 10 years experience in China, in a country where that is hard to come by. It's also a hard country for outsiders to establish themselves in, so Sino has got a huge competitive advantage there.

It seems fairly unknown in the forums, but that's probably good. Insto's will always hold the vast majority of stock IMO (Merrill Lynch, Barclays, JPMorgan, Indus, CBA at present). Not a daytrade, but possibly a retirement fund in a few years (here's hoping!)