Faz - I've been around buddy. I just don't watch every day. Been taking a lot of Friday's off work and getting some golf in. Still have all my shares, and still long.
The price action hasn't bothered me (keep in mind that ~70% of my shares were bought at $0.125). It is obvious that POG has not helped anything here. I still think we are in good shape. After .30 broke, I think a lot of people were stopped out. Volume now has dried up, and I think people are in limbo waiting for Q2 ER, and/or a clear direction in the POG. Longs are not greedy about a penny here or there, but day traders/swing traders certainly are...so they want in at Keyotee's .15 prediction.
As for Q2 ER, I still believe we will see .02-.03. As many have noted, they had some reserve ounces they could sell. Also, the total ounces mined was only slightly less than in Q1, but about 2k ounces less from Twangiza, but roughly that same amount more from Namoya. I'm guessing that we'll see that the average POG they received in Q2 will be in the $1180 range, as the bottom really didn't fall out of gold until right at the end of June. I think the big question will be on the extra ounces from Namoya, what did their costs get down to? If you recall in Q1, it was still costing them about $1600/oz. A significant decrease here would be very nice to see, and would also lead me to believe that a commercial production announcement regarding Namoya would be right around the corner.
Anyway, lets hope for gold to turn the corner. I believe we'll see Q2 ER before we see anything on Namoya. I think we see a Namoya announcement at the end of August or early September, but that is just a guess based off of the guidance they gave for 2015 H2 production from Namoya.