I'm selling a lot of my gold and silver stocks today, my advisor doesn't believe the prices will hold next week because bullishness is so high (@60%) and because the price of gold did not hit a key h&s mid day target. But it seems pretty clear that over the mid and long haul pm's will come back. I will be buying again when the price directions are clearer.

Otherwise the only reasons I can think that the funding did not come through for acquisitions (if it didn't) is that gold is expected to stay down, or they think BB is not up to the job of building this baby. On the other side, the principals of Tyhee have a huge investment in this company and many strong financial connections, gold is in process of recovery, and the cost of inputs for gold mining are going down according to this National Post article. The article is generally negative about the gold miners but the picture is actually very different if you read between the lines and assume the price of gold is going to go up. Ike

http://business.financialpost.com/2014/01/17/debunking-five-gold-industry-myths/