Could say the same for a lot of gold stocks atm I wanted to post a pictographic thread - the drops are quite extreme over 12 months for most gold stocks, the big exception recently is Rand, but it seems I'd be breaching copyright to post screenies. Wish I could as it is an interesting talk point. Anyone know a site that allows graph posting? Feeling for red 5 shareholders - 83% loss overnight 01.11.13, eesh. Maybe we will see a lot of companies bust or go for pennies on the dollar prior to bottom. Already many are going for 10-20 pc off their highs a few years back The math is quite interesting at this point.
Perseus was the darling of institutional holdings..... shows how committed they are. Everyone rushed for the door.