Nice to kick to the groin on this one for me....buying into the PP.

However, a brief overview of this one makes me think the long term picture is much rosier.

I'll make one very large assumption and that is that management will indeed get their costs per ounce down to a level that is comparable to most all others producers in production.

I will also hope we don't experience another 100 year flood like they had this year in Australia.

As I see it, they lost 10 cents a share this year but I could see them turning that into gaining 10 cents a share within a year from now.

If Australia gold miners didn't have bad luck in 2010, they wouldn't have had any luck at all.

I think my $2+ warrants will come well into play long beofre they expire in 5 yrs....