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From Komfie Manalo, Opalesque Asia:

The Atyant Capital Global Opportunities Fund LP generated negative results in March, posting -6.32% for the period and -6.92% YTD (-9.60% since inception in March 2009).

However, in his letter to investors, Atyant Capital Managing Partner Pratic Sharma remains positive performance will rebound this year as he forecasts a bullish outlook on gold. "For a little more than one year, gold has underperformed all major asset classes. While newcomers to the precious metals complex may find this frustrating, we view gold's relative weakness as nothing other than a gift. It is a gift because as investors lose interest in the sector and liquidate their holdings, we are able to build our core long exposure AND hedge it at attractive risk/reward levels. What is left for us now is to catch the turn with size and then we can lean on gold's relative strength for the next few years, he says."

He advised precious metals investors to have patience as "mines are not built overnight."

Sharma said he would be in New York in the last week of April to meet with clients and present the fund's latest report entitled, "Why George Soros' and John Paulson's #1 Position is Gold and Gold Stocks."

The Atyant team has been focused in the precious mining sector since Feb-2001 which Sharma says provides them information edge on key players in the industry.

Sharma's positive outlook on gold is shared by GoldOz which ......................

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