Certainly gold sentiment is a major reason for the drop. However...

Certainly gold sentiment is a major reason for the drop. However I think the board could have handled the message much better in the announcements as each one had negative elements that may not be negative at all, but have been perceived that way.

For example St George only 1km, no news at all on Klondyke west, strike extent of Corination unclear & the drop from 3 to 2 rigs without explanation.

When the SP drops after every announcement then the management need to ask themselves some serious questions.