On the strength of your recent update, the continuing strength in the gold price, and Sinclair saying the that the runup is beginning I think its time to add a few more shares to my position.
I suspect that the anti-gold crowd tried to do whatever they could to cover during this "sell in May and go away" period. They may have hoped it would provide an opportunity to cover at less cost but gold's price and the gold shares price have not fallen.
We may (like in 05) have an off season run developing here which could last until December, take a brief pause and the run again into the spring of 2010 as the 05 rally lasted with a brief pause until the spring of 06.
Make it so Mr. Market.
P.