get rid of your juniors stop complaining and buy the etf or a real producer. everyone is or by now should have realised this. stick to trusted and at least companies with proven resources and ones that show profits. imagine the profits of NCM LGL and some of the other big miners of gold going into next year now that the have provisioned for there last years loss of there hedge book
forecasts will be re-rated and reinstated quicktime once the news of gold breaking $1000 hits to market
eg: compare LGL's loss of 24 mill in 2007 to over looking like 30 mill profit for 2008 and NCM will be the same story but beware that its a copper play too just like OXR is.
true gold producers changing thier books around will show -tve to +tve returns and that can make share prices in these companies go to much higher levels in years to come
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a perfect storm for gold share investors, page-18
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