Hi weston25,
I bought my first FRES yesterday (just a modest 300 shares @ 634p) so also feeling fairly optimistic right now.
I'm betting that the yuan devaluation is just the trigger for a turnaround that gold/silver/etc has been waiting for. So far the "safe haven" argument seems to be winning out over the "reduced buying" argument. This Wall Street Journal article concurs :
http://www.wsj.com/articles/gold-recovers-as-yuan-struck-investors-seek-safe-haven-1439377560
If the gold price starts to get any sustained traction, then short-covering should soon firm it up.
They're supposed to be putting a copy of the presentation from last Tuesday's 'Capital Markets Event' on their website, but it doesn't seem to be there yet - or if it is, it's well hidden!
PWC probably had no better option than to sell LOND 'down the river', because of the transportation infrastructure issue. But that doesn't apply here of course. Quite different. And I'm sure the administrators will be aware of being watched.