While I am more of a buy & hold guy, I just sold this stock & placed two different limit buys. With only an 11M share float, & little room left for U.S. storage, I suspect we will see a downturn in oil. Really like this company but the profits, & personal perceived direction, had to go for it.
It would seem to me that while gold & oil have a fairly constant correlation, the dramatically reduced price of fuel can only be good for miners. Any time ones cost of production goes down, earnings will go up.