BUYING the tax loss fund selling.
To begin, I bought a litle more at $11.72. However, the forward P/E may not be below 10 as many analystshave started cutting their 2012 estimates below $1.00 based upon lower than previously expected production and lower gold prices.In addition, book value has litle meaning as assets are put on thebooks at the ridiculous prices paid by spoiled yachtsman TyeBurt--with other people's money, of course.
True, I'm less concerned about the earnings, but you make a good point about the carried goodwill. Still at $12 +/- it's very compelling and one of my three long term gold holdings. NEM & AUY being the other two.