right on bandy
we may experiennce collateral damage tomorrow, but we are now entering extrordinary times re: POG and miner profits.
GFC1 gold miners got smacked. SLR started production just prior to it (Apr 08), the SP went down prior to GFC (Apr08 - Sept08), SLR hit a low before the GFC - consolidated during the period the recovered to be over $1/ share (now $1.20/share).
I would GLADLY take a hit on the SP now to get a $1 or more / share in 12 months time aka SLR experience. People will wake up sooner or later re: value of producing gold miners.
GC
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