Another thought which l have raised before. Globally, gold...

Another thought which l have raised before. Globally, gold mining stocks have been in the doldrums because they have been out of favour with retail investors and fund managers for quite a while. Im not going to quote anyone, but a number of respected investment analysists say resource stocks (particularly producing gold miners) are trading at bargain basement levels. They say that with a continuation of strong gold prices, its inevitable that this stand off sentiment is going to change. Many goldies are trading at such low SP premiums with strong cash flows and balance sheets that its a no brainer they represent good value. When sentiment changes to "BUY", it will happen like a tsunami, driving share prices up rapidly and substantially.

I think robust gold miners could be trading at much higher PE multiples than they are currently. Time will tell.