Third biggest established Gold miner in Australia. Projected production in the year ended 30 June 2013 450,000 ounces at a cash cost of $830.
PE of 3.2 !! It was $1.80 in January 2013, now 73.5 cents.

I know the Gold and Silver sector is having a crisis of confidence but this stock is being priced very harshly in my opinion but looking at the chart it looks like its a bit early to take a counter cylical view on this one yet. Significant holders appear to be trimming their positions.

Will it be a speculative counter cyclical buy soon ?

Any views you'd like to share on this stock ? Where do you think it will bottom out ?