Hi Judy

This is a Company I have followed for several years and bought into in the aftermath of the 2008 recession and never regretted it. I think if you look, as I am sure you are aware, most miners have declined sharply since the turn of the year, generally speaking, but I agree with you it is good value, although I am not sure it hasn't got more to go in terms of the share price stabilising. Also, as a holder in Chaarat Gold Holdings, I know the government there are looking in the mining sector and the tax rates etc going forward, you may want to check out CGH's last RNS for information purposes. Off course that has created quite a bit of uncertainty and CGH has lost a third in value in recent weeks, and this is likely to have affected most miners in the country. I do, personally have faith in the government there, it is a new government which has emerged from it's recent difficulties and it has stated and is keen to grow and attract foreign investment, time will tell off course.

Hope that helps, and please as ever, DYOR.
ATB
HWD