deuxsous

Gold Stock Fundamentals

That's a very useful analysis. Due to preoccupation with other issues I never loaded up on gold and silver miners earlier this decade. I concentrated more on the polymetallics like RTP, BHP, AAUK and FCX and bought and held gold bullion.

Having missed the flat years and the crunch partly by luck alone, it's time to "dig into" the mines on any weakness.

Thanks for putting it into proper persepective.

TD

Everything You Need to Know About Junior Miners

Mark Twain said it best: "A gold mine is a hole in the ground with a liar (PR guy) on top."

That said, the royalty approach is a decent way to isolate risk/reward . Franco-Nevada and Royal Gold are good additions to a bullion portfolio. Keep in mind that a royalty owner is essentially a bank investing in possible payoffs and and hence is long a call on its portfolio. If one owns royalties in Barrick and Newmont projects, that's one thing. Juniors' royalty interests are a different animal. So don't go too deep with them without deeper thought and study.