whats the most beaten down oversold gold stock, page-79

I'm with Baron... gotta be demonstrating short term monetisation of potential now and not 'hope-to-be' producer years into the future.

Also have to be funded. If you ain't got the money now to build your project you're toast...

Not necessarily for this month but certainly a prospect for 2012 are PGI and RED:

1. Both commissioned plants and now ramping up
2. RED producing, PGI to announce first gold any day now
3. Both fully funded (RED debt free; PGI funding in place)
4. Both lowest cost producers globally
5. PGI has 7 year mine life, RED 10-15 years
6. Both in tier two countries (PGI Dom Republic, RED Philippines)
7. Both have excellent exploration upside potential
8. Both operating on low EV/oz with upside oz from expl.

However... anybody interested in understanding gold in this environment should read Grant Williams latest TTMYGH. One of the best macro analysts globally... link below:

http://www.zerohedge.com/news/things-make-you-go-hmmm-such-spread-between-gold-and-gold-miners

Well worth 30 minutes of your time to read his editorial for the week...

Cheers
John