Pj...

I have resigned myself to that scenario. It seems the gold stocks are moving as one with the GP and until we get some more audited ounces we are probably valued reasonably at this price, at this "snapshot" in time. Dale used that term often in the last interview. Of course if production numbers improve substantially we will also move. I will be patient with them until the fall, as SGR will have, IMHO, run out of reasons (or excuses) depending on which side of the fence you personally sit. Since I am a relative newcomer I am still on the positivley optimistic side. I don't really favour cash and am also concerned about Equity Valuations as they are overbought in a relationship to earnings. Emerging producers such as SGR have the potential to grow earnings which should translate into a higher valuation.

Rp

PS

Of course I am hoping for a string of NR's throughout the summer, which would make the hold a lot less stressfull.