Two years and I hit a home run with two RBI's. Between this and Wheaton is one of the best trades I ever made. But now with the controversy of GLG this was no longer the pure gold play I want. Too much politics to figure into the price. It seems that the gold miners are an egotistical bunch - their britches get too big and that signals an end to the pure play on exploration, development, production. I am still long AUY, MNG and USGL.OB. Wouldn't mind picking up one or two North American smalls with my GG gains. Any suggestions?
Call me a dumb asss but I am heavy in Rio Narcea. RNG.TO is becoming a cash machine on their unhedged AND PRODUCING nickle mine. This cash will put their African gold mine into production. Think in terms of what Alumbreara copper revenue did for Wheaton River.