Thank you, coach. As my respect for yours.
I have not thought of the inventory. Also, I do not have a feel for effects from no analyst. Like you, I am still long BAA, but with gold at 1100 vs 1200, I think the upside will take longer. At this point I certainly do not see multi dollars for a while.
One thing potentially good I have read is a couple of articles with the analysts saying they see 1400 gold by end of 2016. 1400 gold I think will do very good to baa share price. At this point I look at each $100 in gold price being worth almost .02/share for each quarter. 1100 to 1400, will certainly make the bottom line prettier.