Yet, after a dazzling trial at Ashburton, again he might just lure the faithful back in for one more bet come Harness Jewels next week.
Gold Ace was the bright spot on a wet trials' day, with a 55-second last 800m to win like the very good horse he is when his feet, lungs and all other body parts work smoothly.
That, and the fact Gold Ace hasn't been showing signs of soreness for the past six weeks, gives Reid confidence they can once against test Terror To Love on Sunday week.
Plenty will scoff at that suggestion, tired of Gold Ace's form merry-go-round but the bonus of that is he is out to $8 in the TAB markets, an attractive price in what looks a two-horse race.
"I am not saying he will beat Terror To Love but I think he is close to his best again and that gives us a chance," says Reid.
"If he holds together I think he can be in the same sort of form as when he won the Flying Mile at Cambridge and with the right draw that could be enough.
"He isn't sore and is over his lung infection so we have one more crack at this before the end of the season."
The biggest determinant of whether that $8 fixed price is value could be Friday's barrier draw, with Gold Ace having the gate speed to make life tricky for Terror To Love.
The other big name to shine yesterday was Venus Serena, who looked very much on target for the juvenile fillies' pace with a 56.2-second last 800m winning her trial by eight lengths.
"She has come back from Auckland in great nick and all we want now is a draw," said trainer Geoff Dunn.