that's right oze - I spoke to GL last week
The other factor to throw in the mix is that if gold gets to 2,000 in the next 6 months, then White Dam North definitely becomes economical and will be back on the cards. PLY also spending money to explore for other reserves in this timeframe as well.
all in all, I don't think there is any rush to jump in and buy something. Just wait for the right time and price and keep an eye on what we already have.