Looking at BAA and their future with the Chinese is an apt move forward but I can really feel that GOLD or AU might take a piece of BAA on the undeveloped properties(especially GOLD).
The Chinese have entered at this stage to ensure they grow the company with BAA and take advantage in terms of a stake in 2017 when the debt picture shows up.
Until mid year world is going to act as though there is no recession cos the outgoing President will keep the story under tight lid.
When real signs of recession show up,Gold eventually will go over 1300$.To crack a deal during good times is too hard for GOLD.So if anything was to happen,this is the time.
And remember GOLD has a press con very soon in DRC where Bristow has confirmed that they will disclose the deals they have been working on...