I realy dont think that gold will drop to $330. After all, the value of the USD is in freefall and that alone will push up the price in dollars. Add this to a distrust in paper money (can you blame them)in the eastern world and you have recipe for rising gold prices, if only in devalued dollars.
As for MNT, well no one can yet prove you wrong, though I suspect the first part of this coming year will be a weather indicator as to the future prospects!!Another set of bad figures will just about put the tin hat on it as far as I am concerned.