"if you have to sell, do not panic and sell low."

I guess he wanted to say: sell high.

Better not to sell at all, but rather buy here. The HUI bottomed today again at 500, hopefully for the very last time and the shares may become pretty explosive here, particularly now that silver has broken $31. The gold/silver ratio is finally below 54 and may start accelerating to the down side from here on towards the 33 target.