What you seem to be looking for are high cost (but still profitable) producers. Say costs of $900 on a $1000 ounce gold price. A company that had those types of figure 3 months ago would now be tripling their profit (all other things remaining equal) with gold now above A$1200.
So high cost producers is what you seem to be looking for - Cash in the bank would make that strategy somewhat less risky. There is definately some logic to the strategy, but in this environment its not without its risks.
As for company's which fit the bill, Resolute as mentioned by watso is one, the only thing is the Syama mine due to come on board soon needs more funds (they are in a trading halt pending news of a capital raising, so more will be known soon). They are however a high cost producer.
Apart from that I'm not to up to speed on the cost structures of the top of my head, so I'll have to leave it there. Let me know what you find though.
