Dear all,

Just wanted to bump up a discussion on this stock, the preliminary 2012 earnings are to be released on the Thursday 28th March 2013. Currently the shares are trading at 240p up from its 4 year low of 238p, it only was lower over four years ago during the financial crisis on 14th November 2008 it was 193p.

Could someone enlighten me how far further the stock could go and would it be a good idea to buy into the stock at these levels ahead of the earnings numbers? Or could they slump even further down?

I had high regard for a recovery of this Russian gold miner, and with gold possibly coming back up during the course of this year, would it not be a good idea to invest into this company at this stage, instead of into gold itself? IC currently recommends a hold on this stock.

Any ideas?

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